Tutor Perini Secures $154.6 Million in South Florida Contracts, Boosting Backlog and Earnings Outlook

Tutor Perini Corporation has secured new mechanical services contracts worth $154.6 million for major South Florida developments. This contract win expands the company's Q3 2025 backlog, but its impact on profitability remains limited due to ongoing financial pressures and operational risks. Tutor Perini's outlook projects $7.1 billion in revenue and $515.9 million in earnings by 2028.