Tutor Perini Falls 3.54% as Earnings Estimates Point Higher
The construction company’s shares underperformed major indexes, while Zacks consensus estimates project growth in earnings and revenue for its next report.
Key takeaways
- Tutor Perini shares fell 3.54% to $85.91 in the latest session.
- Zacks consensus estimates project quarterly earnings of $1.34 per share and revenue of $1.62 billion.
Tutor Perini shares fell 3.54% to $85.91 in the latest trading session, according to the source article. The drop was steeper than the S&P 500’s 0.22% decline and the Dow’s 0.66% loss.
Over the past month, the shares fell 0.51%, compared with a 1.55% decline for the Construction sector and a 1.4% gain for the S&P 500.
Zacks consensus estimates project earnings of $1.34 per share and revenue of $1.62 billion for Tutor Perini’s upcoming earnings report. The estimates represent year-over-year growth of 16.52% in earnings and 14.31% in revenue.
For the full year, Zacks consensus estimates call for earnings of $5.39 per share and revenue of $6.28 billion, increases of 25.64% and 13.35%, respectively, from a year earlier.
This article was produced with the help of AI technology. Source: Yahoo Finance
