Tutor Perini Corp is a leading construction firm that specializes in various sectors including civil, building, and specialty contracting
The company is involved in a broad range of projects, from large-scale infrastructure developments such as highways, bridges, and airports to commercial and residential construction. Tutor Perini is known for its ability to deliver complex projects on time and within budget, leveraging its expertise in project management, engineering, and innovative construction techniques. Additionally, the company is committed to sustainability and safety in its operations, ensuring that it meets the needs of its clients while also contributing positively to the environment and communities it serves.
Commodity prices regularly swing 25-30% or more in any given year. When this happens, the financial health of these firms can get dicey very quickly, given the amount of capital investment it requires to run them.
Tutor Perini Corporation (NYSETPC) (the “Company”), a leading civil, building and specialty construction company, announced today that a joint venture between the Company and its subsidiary, Frontier-Kemper Constructors, has been awarded a design-build contract valued at approximately $1.18 billion by the Gateway Development Commission for the Manhattan Tunnel Project, a component of the Hudson Tunnel Project (“HTP”). The HTP is a resiliency and reliability project to build two new passenger rail tracks between New York and New Jersey and rehabilitate the century-old North River Tunnel, which was badly damaged during Superstorm Sandy. The Manhattan Tunnel Project scope of work entails the design and construction of twin 30-foot diameter tunnels approximately 700 feet in length beneath the eastern shore of the Hudson River to existing cut-and-cover tunnels beneath Hudson Yards, along with an access shaft at 12th Avenue and the Manhattan West Side Highway, which will later become a ventilation facility for the tunnels.
As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the construction and maintenance services industry, including Construction Partners (NASDAQROAD) and its peers.
As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the construction and maintenance services industry, including Concrete Pumping (NASDAQBBCP) and its peers.
As the US market prepares to open on Monday, let's get an early glimpse into the pre-market session and identify the stocks leading the pack in terms of gains and losses.
Tutor Perini currently trades at $27.19 per share and has shown little upside over the past six months, posting a middling return of 3.1%. The stock also fell short of the S&P 500’s 9.2% gain during that period.
Tutor Perini Corporation (NYSETPC) (the “Company”), a leading civil, building and specialty construction company, announced today that the Company has prepaid an additional $75 million of its Term Loan B debt. With this latest paydown, Tutor Perini has now successfully deleveraged its balance sheet by a total of $430 million over the past twelve months, with $320 million of the debt reduction due to the early paydown of the Term Loan B.
As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the construction and maintenance services industry, including Great Lakes Dredge & Dock (NASDAQGLDD) and its peers.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Granite Construction (NYSEGVA) and the best and worst performers in the construction and maintenance services industry.
Tutor Perini Corporation (NYSETPC) (the “Company”), a leading civil, building and specialty construction company, announced today that Gary Smalley has become the Company’s Chief Executive Officer and a member of its Board of Directors. Mr. Smalley, formerly President, succeeds Ronald N. Tutor who has transitioned to the role of Executive Chairman of Tutor Perini’s Board of Directors after serving as Chairman and CEO since 2008.
As the Q3 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the construction and maintenance services industry, including APi (NYSEAPG) and its peers.
Looking back on construction and maintenance services stocks’ Q3 earnings, we examine this quarter’s best and worst performers, including Comfort Systems (NYSEFIX) and its peers.
As the Q3 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the construction and maintenance services industry, including Orion (NYSEORN) and its peers.
Let’s dig into the relative performance of Matrix Service (NASDAQMTRX) and its peers as we unravel the now-completed Q3 construction and maintenance services earnings season.
Let’s dig into the relative performance of WillScot Mobile Mini (NASDAQWSC) and its peers as we unravel the now-completed Q3 construction and maintenance services earnings season.
Let’s dig into the relative performance of Tutor Perini (NYSETPC) and its peers as we unravel the now-completed Q3 construction and maintenance services earnings season.
As the Q3 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the construction and engineering industry, including Ameresco (NYSEAMRC) and its peers.
Looking back on construction and maintenance services stocks’ Q3 earnings, we examine this quarter’s best and worst performers, including Primoris (NYSEPRIM) and its peers.
Wrapping up Q3 earnings, we look at the numbers and key takeaways for the construction and maintenance services stocks, including MYR Group (NASDAQMYRG) and its peers.
Wrapping up Q3 earnings, we look at the numbers and key takeaways for the construction and engineering stocks, including MDU Resources (NYSEMDU) and its peers.
