Tutor Perini (TPC) Expected to Announce Quarterly Earnings on Wednesday

Tutor Perini (NYSE:TPC) is projected to announce its earnings results after the market closes on Wednesday, February 26th. Analysts expect the company to announce earnings of $0.29 per share and revenue of $1.08 billion for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

Tutor Perini Price Performance

Shares of TPC opened at $21.53 on Tuesday. Tutor Perini has a twelve month low of $9.01 and a twelve month high of $34.55. The firm’s fifty day simple moving average is $24.05 and its 200-day simple moving average is $25.16. The firm has a market capitalization of $1.13 billion, a price-to-earnings ratio of -8.58 and a beta of 1.52. The company has a current ratio of 1.55, a quick ratio of 1.55 and a debt-to-equity ratio of 0.53.

Analysts Set New Price Targets

Several equities research analysts recently commented on TPC shares. Vertical Research started coverage on shares of Tutor Perini in a research note on Tuesday, December 10th. They set a “buy” rating and a $38.00 price target on the stock. StockNews.com lowered shares of Tutor Perini from a “buy” rating to a “hold” rating in a research note on Tuesday, January 28th. Finally, B. Riley lifted their price target on shares of Tutor Perini from $38.00 to $40.00 and gave the stock a “buy” rating in a research note on Thursday, November 7th.

Tutor Perini Company Profile

Tutor Perini Corporation, a construction company, provides diversified general contracting, construction management, and design-build services to private customers and public agencies in the United States and internationally. It operates through three segments: Civil, Building, and Specialty Contractors.