EPS for Tutor Perini Corp (TPC) Expected At $0.66

October 13, 2017 - By Hazel Jackson

 EPS for Tutor Perini Corp (TPC) Expected At $0.66
Investors sentiment decreased to 0.92 in 2017 Q2. Its down 0.40, from 1.32 in 2017Q1. It turned negative, as 30 investors sold Tutor Perini Corp shares while 49 reduced holdings. 21 funds opened positions while 52 raised stakes. 39.25 million shares or 0.97% more from 38.87 million shares in 2017Q1 were reported.
Envestnet Asset Mgmt invested in 29,158 shares. Swiss Bancorporation invested in 0% or 64,900 shares. Ironwood Invest Ltd Limited Liability Company holds 0.59% of its portfolio in Tutor Perini Corp (NYSE:TPC) for 28,305 shares. Virginia Retirement System Et Al reported 29,300 shares or 0.01% of all its holdings. Thompson Siegel Walmsley Lc has invested 0.13% in Tutor Perini Corp (NYSE:TPC). Legal General Group Inc Pcl invested 0% of its portfolio in Tutor Perini Corp (NYSE:TPC). Strs Ohio holds 31,500 shares. Moreover, Prescott Group Inc Inc Capital Limited has 0.06% invested in Tutor Perini Corp (NYSE:TPC). Oppenheimer stated it has 26,000 shares or 0.02% of all its holdings. 25,975 are owned by Art Advsr Limited Liability. Citigroup has invested 0% in Tutor Perini Corp (NYSE:TPC). Principal Fincl Grp reported 384,639 shares. Wells Fargo & Mn accumulated 504,100 shares or 0% of the stock. Moreover, California State Teachers Retirement has 0% invested in Tutor Perini Corp (NYSE:TPC) for 66,245 shares. Livforsakringsbolaget Skandia Omsesidigt has 0.11% invested in Tutor Perini Corp (NYSE:TPC).

Since May 8, 2017, it had 0 buys, and 1 insider sale for $140,300 activity. 5,000 shares valued at $140,300 were sold by SNYDER DONALD D on Monday, May 8.

Analysts await Tutor Perini Corp (NYSE:TPC) to report earnings on November, 1. They expect $0.66 earnings per share, up 15.79 % or $0.09 from last year’s $0.57 per share. TPC’s profit will be $32.88 million for 10.57 P/E if the $0.66 EPS becomes a reality. After $0.59 actual earnings per share reported by Tutor Perini Corp for the previous quarter, Wall Street now forecasts 11.86 % EPS growth. The stock decreased 0.36% or $0.1 during the last trading session, reaching $27.9. About 305,347 shares traded or 11.06% up from the average. Tutor Perini Corp (NYSE:TPC) has risen 25.83% since October 14, 2016 and is uptrending. It has outperformed by 9.13% the S&P500.

Tutor Perini Corp (NYSE:TPC) Ratings Coverage

Among 9 analysts covering Tutor Perini Corp (NYSE:TPC), 6 have Buy rating, 0 Sell and 3 Hold. Therefore 67% are positive. Tutor Perini Corp had 22 analyst reports since August 8, 2015 according to SRatingsIntel. The firm has “Neutral” rating by M Partners given on Wednesday, June 29. As per Monday, October 24, the company rating was upgraded by Seaport Global. The rating was maintained by Canaccord Genuity with “Buy” on Thursday, June 22. On Tuesday, May 24 the stock rating was downgraded by Standpoint Research to “Hold”. The company was initiated on Friday, January 27 by KeyBanc Capital Markets. As per Wednesday, August 23, the company rating was maintained by KeyBanc Capital Markets. As per Tuesday, December 13, the company rating was maintained by M Partners. The firm has “Neutral” rating by Sidoti given on Thursday, November 3. The stock of Tutor Perini Corp (NYSE:TPC) has “Hold” rating given on Wednesday, December 9 by Stifel Nicolaus. The rating was upgraded by M Partners to “Buy” on Wednesday, August 24.

Tutor Perini Corporation is a construction firm offering general contracting, construction management and design-build services to private clients and public agencies across the world. The company has market cap of $1.39 billion. The Firm operates through three divisions: Civil, Building and Specialty Contractors. It has a 13.7 P/E ratio. The Company’s Civil segment specializes in public works construction and the repair, replacement and reconstruction of infrastructure across various geographic regions of the United States.

More recent Tutor Perini Corp (NYSE:TPC) news were published by: Businesswire.com which released: “Tutor Perini Building Corp. Awarded Palisades Village Project” on August 03, 2017. Also Reuters.com published the news titled: “BofA pays Tutor Perini $37 million to resolve fraud lawsuit” on June 06, 2017. Streetinsider.com‘s news article titled: “Seaport Global Securities Assumes Tutor Perini Corporation (TPC) at Neutral” with publication date: November 15, 2015 was also an interesting one.

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