Business
Tutor Perini Reports Strong Third Quarter 2025 Results; Further Raises 2025 Adjusted EPS Guidance
LOS ANGELES, November 05, 2025--Tutor Perini Corporation (the "Company") (NYSE: TPC), a leading civil, building and specialty construction company, today reported strong results for the third quarter of 2025 (see attached tables).
About this update from At&t Inc.
[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":2067,"height":388,"url":"https://media.zenfs.com/en/business-wire.com/3faa16928618a627619193885561ddd1"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/MhFCbcMWxlKdFxOnBHvTkw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTE4MDtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/3faa16928618a627619193885561ddd1","width":960,"height":180},"lightbox":{"url":"https://s.yimg.com/ny/api/res/1.2/06fk45YqCzUPkAZGcxHeIg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTI0MDA7aD00NTA7Y2Y9d2VicA--/https://media.zenfs.com/en/business-wire.com/3faa16928618a627619193885561ddd1","width":1200,"height":225}},"lazy":false},{"type":"list","items":[{"val":[{"type":"text","content":"Revenue of $1.42 billion in Q3 2025, up 31% Y/Y","length":47,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Income from construction operations of $40.1 million, up significantly compared to a loss from construction operations of $106.8 million in Q3 2024, reflecting continued strong operating performance and contributions from higher-margin projects","length":244,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Diluted earnings per share ("EPS") of $0.07, up substantially compared to diluted loss per share of $1.92 in Q3 2024","length":126,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Adjusted EPS of $1.15, up significantly compared to adjusted diluted loss per share of $1.61 in Q3 2024","length":103,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Record Q3 2025 operating cash flow of $289.1 million; record operating cash flow of $574.4 million for the first nine months of 2025","length":132,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Record backlog of $21.6 billion at the end of Q3 2025, up 54% Y/Y, reflecting $2.0 billion of new awards and contract adjustments during the quarter","length":148,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Raising guidance for the third consecutive quarter; now expecting 2025 Adjusted EPS in the range of $4.00 to $4.20 (up from $3.65 to $3.95)","length":139,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Tutor Perini remains confident that Adjusted EPS for 2026 and 2027 will be significantly higher than th...