Welcome to our dedicated page for Tutor Perini news (Ticker: TPC), a resource for investors and traders seeking the latest updates and insights on Tutor Perini stock.
Tutor Perini Corporation (TPC) is a leading construction services provider specializing in complex infrastructure and building projects. This page serves as the definitive source for official company announcements, financial updates, and operational developments.
Key resources include: Quarterly earnings reports, project award notices, regulatory filings, and leadership updates. Investors and industry professionals can monitor progress on major civil infrastructure initiatives, building segment contracts, and specialty construction milestones.
The curated news archive enables tracking of TPC's strategic positioning in markets including transportation, water infrastructure, and specialized facilities construction. Content is updated press releases and verified financial disclosures, maintaining compliance with SEC regulations.
Bookmark this page for direct access to TPC's corporate communications, including contract awards from government agencies and private sector partners. Regular updates provide insights into the company's project pipeline and operational health.
Tutor Perini (NYSE: TPC) declared a quarterly cash dividend of $0.06 per share payable December 23, 2025 to holders of record on December 9, 2025 (expected annualized dividend $0.24).
The Board also authorized a $200 million share repurchase program to buy shares in open-market or privately negotiated transactions, subject to market conditions. The actions follow record year-to-date operating cash flow of $574.4 million (including $289.1 million in Q3) and a record backlog of $21.6 billion, and come after three consecutive increases to 2025 earnings guidance.
Tutor Perini (NYSE:TPC) reported strong Q3 2025 results: revenue $1.42B (+31% Y/Y), income from construction operations $40.1M (vs. loss $106.8M prior year), GAAP EPS $0.07 and Adjusted EPS $1.15 for the quarter. The company generated record operating cash flow of $289.1M in Q3 and $574.4M YTD, and recorded a $21.6B backlog (+54% Y/Y) after $2.0B of new awards. Total debt fell to $413M, leaving a net cash position of $283M as of September 30, 2025. Tutor Perini raised 2025 Adjusted EPS guidance to $4.00–$4.20.
Tutor Perini (NYSE: TPC) will host a conference call on Wednesday, November 5, 2025 at 2:00 PM PT to discuss third quarter 2025 results. The company will issue its earnings release the same day after the market close.
Participants include Gary Smalley, CEO and President; Ryan Soroka, EVP and CFO; and Ronald Tutor, Executive Chairman. The live call is available by phone at 877-407-8293 (U.S.) or +1-201-689-8349 (international) and will be webcast on Tutor Perini's investor website at www.tutorperini.com. Investors should visit the website at least 15 minutes early to register and download any required software. A replay of the webcast will be available on the website shortly after the call.
Tutor Perini (NYSE: TPC) said its Florida subsidiary, Nagelbush Mechanical, secured multiple south Florida mechanical services contracts totaling $154.6 million.
The awards include work at Bentley Residences (62 stories, 213 units), 1428 Brickell Avenue (72 stories, 189 units), JEM Miami Worldcenter (61 stories; 530 rental apartments and 259 condos), and Namdar Tower 2 (42 stories, 712 rental units). These four contracts were added to backlog in Q3 2025.
Earlier, Nagelbush won the Olara project in West Palm Beach (26 stories; 287 condo units, 170 rental units, and 80,000 sq ft amenities), added to backlog in Q1 2025. Work is underway across the projects with substantial completion expected in Q2 2028.
Tutor Perini (NYSE: TPC) subsidiary Fisk Electric was awarded an approximately $43.4 million electrical contract for the Cruise Terminal G Complex at the Port of Miami.
Scope includes a new electrical vault, conduits for primary and emergency power, new main switchgear, automatic transfer switches, switchboards, and panelboards; 50 EV chargers in the Terminal G garage with infrastructure for up to 430 additional chargers; power to Terminal F chillers and fire pump; replacement of a 2000-KW generator; procurement/installation of three additional generators with emergency paralleling switchgear; and advanced lighting. Work has commenced and substantial completion is expected November 2027. The contract was added to backlog in Q3 2025.
Tutor Perini Corporation (NYSE: TPC) announced that its subsidiary, Five Star Electric, has secured an electrical subcontract from Skanska/Railroad SPGF JV for the Passaic Valley Sewerage Commission (PVSC) Standby Power Generator Facility project in Newark, New Jersey.
The project involves constructing an emergency backup power system featuring a 34-megawatt natural gas-fired power plant. Five Star Electric's scope includes power distribution, switchgear, grounding, communications, lighting, and control systems. The project commenced recently with completion expected in Q4 2027. The contract value, while undisclosed, has been added to TPC's Q3 2025 backlog.
Tutor Perini Corporation (NYSE: TPC) announced that its subsidiary, Perini Management Services, has secured a $41.9 million contract from the National Park Service for utility systems repair at Glen Canyon National Recreation Area in Arizona.
The project involves comprehensive upgrades to wastewater infrastructure in the Wahweap and Lone Rock areas, including CIPP lining, septic system upgrades, manhole replacements, lift station improvements, and SCADA system modernization. The work will ensure compliance with Arizona and Utah environmental regulations.
Project execution begins immediately with completion expected in fall 2027.
Tutor Perini Corporation (NYSE: TPC) announced that its subsidiary, Rudolph and Sletten, has secured a significant $960 million contract to construct the new UCSF Benioff Children's Hospital in Oakland, California.
The project encompasses building a 277,500 square-foot hospital featuring seven above-grade levels and one basement level, along with a separate parking garage with 269 spaces and a rooftop heliport deck. The scope includes demolition of existing structures and site preparation. Construction is scheduled to begin in September 2025 with completion expected in 2031.
Tutor Perini (NYSE: TPC) announced that its joint venture with Black Construction has secured a $181.8 million task order from the Naval Facilities Engineering Systems Command Pacific. The project involves constructing an enhanced integrated air and missile defense site in Guam, complete with power generation facilities.
The contract includes two additional scope options worth $12.1 million if exercised. The project, funded under the U.S. Defense Department's Pacific Deterrence Initiative, will feature standby power generation, switchgear building, fuel storage, fire pump building, water storage, and supporting infrastructure. Construction is scheduled to begin in Q1 2026, with the contract value being added to TPC's backlog in Q3 2025.
Tutor Perini Corporation (NYSE: TPC) announced that its subsidiary, Lunda Construction Company, has secured a $19.7 million contract for the I-41 Bridges Project in Wisconsin. The project involves replacing eight deteriorating bridges and widening two existing structures along the I-41 corridor from Appleton to Green Bay.
The construction work will begin in September 2025 with expected completion in November 2027. The project includes the installation of over 125,000 feet of temporary concrete barrier wall to maintain safe traffic flow. The contract value will be added to Tutor Perini's backlog in Q3 2025.
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