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Tutor Perini Corp (TPC) Q3 2024 Earnings Call Highlights: Record Backlog and Strategic Debt ... [Yahoo! Finance]

Tutor Perini Corporation (TPC) 
Last tutor perini corporation earnings: 2/26 04:15 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Revenue: $1.1 billion for Q3 2024, up slightly from the same quarter last year. Civil Segment Revenue: $546 million for Q3 2024, up 5% year-over-year. Building Segment Revenue: $436 million for Q3 2024, up 19% year-over-year. Specialty Contractor Segment Revenue: $101 million for Q3 2024, down substantially from the previous year. Net Loss: $101 million for Q3 2024, or a loss of $1.92 per share. Debt Reduction: Total debt as of September 30, 2024, is $681 million, down 24% from December 31, 2023. Interest Expense Savings: Expected annual savings of $15 million to $22 million starting in 2025. Dispute Resolutions Impact: Negatively impacted Q3 income by $152 million and EPS by $2.13. Warning! GuruFocus has detected 7 Warning Signs with TPC. Release Date: November 06, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript Tutor Perini Corp ( NYSE:TPC ) achieved a record backlog of $14 billion, a 35% increase from t Show less Read more
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