Tutor Perini raises FY25 EPS view to $4.00-$4.20 from $3.65-$3.95

Consensus $3.34. The company states: “Tutor Perini’s (TPC) business has continued to perform extremely well through the first nine months of 2025, and the Company anticipates solid operating performance and financial results over the rest of this year, with significantly higher revenue and earnings still expected in 2026 and 2027 as various newer large projects advance to the construction phase. Based on the Company’s excellent year-to-date results in 2025 and management’s increased confidence in its performance trajectory for the remainder of the year, the Company is raising its 2025 Adjusted EPS guidance, with Adjusted EPS now expected in the range of $4.00 to $4.20 (up from $3.65 to $3.95). Based on current projections, the Company continues to expect that Adjusted EPS for 2026 and 2027 will be significantly higher than the upper end of its increased 2025 guidance. The Company’s increased guidance continues to factor in a significant amount of contingency for various unknown or unexpected developments in 2025 and beyond.”