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$ 27.75 NYSE: TPC +0.55 (+2.02%) Volume: 308,230 Minimum 20 minutes delay June 26, 2017
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Investor Relations

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Investor Overview

Tutor Perini Corporation is a leading civil, building and specialty construction company offering diversified general contracting and design-build services to private clients and public agencies throughout the world. We have provided construction services since 1894 and have established a strong reputation within our markets by executing large, complex projects on time and within budget while adhering to strict quality control measures. Read More

Latest News & Announcements

Press Releases

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06/12/2017 Tutor Perini Appoints Leonard Rejcek to Lead Building Group
Tutor Perini Corporation (NYSE: TPC), a leading civil and building construction company, today announced that Leonard J. Rejcek has joined the Company as President and Chief Executive Officer of the Building Group . Mr. Rejcek brings over 33 years of construction experience and most recently served as President and Chief Operating Officer of Manhattan Construction Company , where he directed numerous nationally recognized megaprojects. Mr. Rejcek holds a B.S. in Building Construction from Texas A&M University and has been recognized as a distinguished alumnus of the Texas A&M School of Architecture . Mr. Rejcek succeeds Craig W. Shaw, who has transitioned out of his former role as President and Chief Executive Officer of the Building Group. Mr. Shaw will work closely with Mr. Rejcek to ensure an orderly transition and assume a new role with the Company as an Executive Vice President focusing on preconstruction services and large project pursuits. Ronald Tutor , Chairman and...
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05/10/2017 Tutor Perini Announces Favorable Legal Ruling and Confirms Award of $323 Million I-74 Bridge Replacement Contract
Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil and building construction company, today announced that the Company has prevailed in defending on appeal the judgment obtained by its subsidiary, Tutor-Saliba Corporation , in the previously disclosed Westgate Planet Hollywood Matter . With only minor adjustments, the Supreme Court of Nevada affirmed the lower court’s judgment and, following further proceedings in the lower court, the anticipated final award to the Company is estimated to exceed $20 million , including interest and recovery of certain attorneys’ fees and costs. The Company anticipates the final award will have no material impact on its consolidated financial statements, and will reflect the impact of this judgment, upon collection, as a reduction of accounts receivable. Separately, the Company also today announced that its subsidiary, Lunda Construction (“Lunda”), has been awarded a contract for the $322.7 million I-74 Steel Twin Arch Bridge...
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05/03/2017 Tutor Perini Reports First Quarter Results
New awards of $2.1 billion; the largest volume of quarterly new awards in nearly four years Backlog at $7.2 billion, with 54% of backlog now comprised of higher-margin Civil projects Affirming 2017 guidance: revenue in excess of $5.5 billion; diluted EPS of $2.10 to $2.40 Tutor Perini Corporation (NYSE: TPC), a leading civil and building construction company, today reported results for the three months ended March 31, 2017 . Revenue for the first quarter of 2017 was $1,117.4 million , up 3% compared to the first quarter of last year. Income from construction operations was $37.0 million for the first quarter of 2017 compared to $40.1 million for the comparable period last year. Net income for the first quarter of 2017 was $13.8 million , or $0.27 per diluted share, compared to $15.4 million , or $0.31 per diluted share, for the first quarter of 2016. The decrease in both income from construction operations and net income was primarily due to the relative impact of certain Civil and...
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