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via finance.yahoo.comBusiness & Companies

Tutor Perini: record $1.7 billion Q3 revenue, operating income more than tripled

FROM THE WIRE · FINANCE.YAHOO.COM

This article first appeared on GuruFocus. Revenue: Record $1.7 billion, up 22% year over year; highest of any quarter ever. Civil Segment Revenue: $894 million, segment's highest quarterly revenue ever, up 16%. Building Segment Revenue: $541 million, up 29%. Specialty…

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishRecord revenue and cash flow for the contractor, with operating income sharply higher.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Third-quarter revenue was a record $1.7 billion, up 22% year over year.
  2. 02Operating income was a record $125 million, up 213% year over year.
  3. 03Operating cash flow was a record $331 million in the quarter.
  4. 04GAAP EPS was $0.39, up 457% year over year.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Tutor Perini CorporationTPCStock82.88 USDMarket closedtoday +0.04%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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