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On August 7, 2025, Tutor Perini's stock surged by 22.67% in pre-market trading, marking a significant rise that caught the attention of investors and analysts alike.
Tutor Perini reported strong second-quarter 2025 results, with revenue reaching $1.37 billion, a 22% year-over-year increase. The company also raised its 2025 earnings per share (EPS) guidance, reflecting a positive outlook driven by a record backlog of $21.1 billion.
The company's GAAP EPS for 2025 is now projected to be in the range of $1.70 to $2.00, up from the previous guidance of $1.60 to $1.95. This adjustment is supported by the company's year-to-date performance and increased confidence in its future trajectory.
Tutor Perini's adjusted EPS for 2025 is expected to be in the range of $3.65 to $3.95, a significant increase from the prior guidance range of $2.45 to $2.80. This upward revision underscores the company's strong financial performance and optimistic outlook for the remainder of the year.
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