What is B. Riley's Forecast for Tutor Perini Q3 Earnings?

Key Points

• B. Riley increased its Q3 2025 earnings estimate for Tutor Perini to $0.96 per share, a significant rise from the previous estimate of $0.48, while maintaining a "Buy" rating with a target price of $75.00.
• Tutor Perini's recent quarterly earnings report showed an EPS of $1.41, exceeding estimates by $1.12, with revenue growth of 21.8% year-over-year, totaling $1.37 billion.
• Insider selling activity included Director Raymond R. Oneglia and Chairman Ronald N. Tutor selling shares, indicating a decrease in their positions but still retaining a significant ownership interest in the company.

Tutor Perini Corporation (NYSE:TPC - Free Report) - Equities research analysts at B. Riley upped their Q3 2025 earnings per share (EPS) estimates for Tutor Perini in a report released on Thursday, August 7th. B. Riley analyst L. Burke now forecasts that the construction company will post earnings of $0.96 per share for the quarter, up from their prior forecast of $0.48. B. Riley has a "Buy" rating and a $75.00 price objective on the stock. B. Riley also issued estimates for Tutor Perini's Q4 2025 earnings at $0.89 EPS, FY2025 earnings at $3.78 EPS and FY2026 earnings at $4.63 EPS.

Tutor Perini (NYSE:TPC - Get Free Report) last issued its quarterly earnings data on Wednesday, August 6th. The construction company reported $1.41 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.29 by $1.12. Tutor Perini had a negative return on equity of 6.41% and a negative net margin of 2.77%. The company had revenue of $1.37 billion during the quarter, compared to analysts' expectations of $1.27 billion. During the same quarter in the previous year, the company posted $0.02 earnings per share. The business's revenue was up 21.8% on a year-over-year basis.

Several other brokerages have also recently issued reports on TPC. Wall Street Zen upgraded Tutor Perini from a "buy" rating to a "strong-buy" rating in a research note on Monday. UBS Group boosted their price target on Tutor Perini from $59.00 to $67.00 and gave the company a "buy" rating in a research note on Thursday, August 7th.

Tutor Perini Stock Performance

Shares of NYSE:TPC traded down $1.09 during trading on Monday, reaching $57.68. 474,277 shares of the stock were exchanged, compared to its average volume of 685,861. Tutor Perini has a 12 month low of $18.33 and a 12 month high of $63.96. The firm has a market cap of $3.04 billion, a PE ratio of -22.91 and a beta of 1.83. The stock has a 50-day moving average price of $45.83 and a 200-day moving average price of $32.63. The company has a current ratio of 1.32, a quick ratio of 1.32 and a debt-to-equity ratio of 0.32.

Insider Buying and Selling at Tutor Perini

In other Tutor Perini news, Chairman Ronald N. Tutor sold 130,478 shares of the company's stock in a transaction on Wednesday, June 11th. The stock was sold at an average price of $40.93, for a total transaction of $5,340,464.54. Following the completion of the sale, the chairman directly owned 4,570,985 shares in the company, valued at $187,090,416.05. This represents a 2.78% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Raymond R. Oneglia sold 25,000 shares of the company's stock in a transaction on Thursday, May 15th. The stock was sold at an average price of $36.14, for a total transaction of $903,500.00. Following the transaction, the director owned 90,470 shares of the company's stock, valued at $3,269,585.80. This trade represents a 21.65% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 335,000 shares of company stock valued at $13,174,401 over the last 90 days. Corporate insiders own 17.30% of the company's stock.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of TPC. Quantbot Technologies LP increased its holdings in Tutor Perini by 492.7% in the second quarter. Quantbot Technologies LP now owns 47,771 shares of the construction company's stock valued at $2,235,000 after purchasing an additional 39,711 shares during the period. OMERS ADMINISTRATION Corp acquired a new stake in Tutor Perini in the second quarter valued at $356,000. Edgestream Partners L.P. acquired a new stake in Tutor Perini in the second quarter valued at $6,927,000. Panagora Asset Management Inc. increased its holdings in Tutor Perini by 8.3% in the second quarter. Panagora Asset Management Inc. now owns 33,775 shares of the construction company's stock valued at $1,580,000 after purchasing an additional 2,591 shares during the period. Finally, New York State Common Retirement Fund increased its holdings in Tutor Perini by 22.7% in the second quarter. New York State Common Retirement Fund now owns 15,158 shares of the construction company's stock valued at $709,000 after purchasing an additional 2,800 shares during the period. 65.01% of the stock is currently owned by institutional investors and hedge funds.

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.