Tutor Perini stock: record Q3 lifts 2026 EPS guidance

Tutor Perini stock followed the company's record third-quarter results and higher 2026 earnings outlook. The release published on November 4, 2026, said revenue reached 1.72 billion US dollars, while management lifted its full-year adjusted EPS guidance.

Tutor Perini stock traded at 90.78 euros on Lang & Schwarz at 23:00 CET on Thursday, November 12, 2026. No Xetra closing comparison is included because a matching dated Xetra close was not established.

Record quarter supports higher guidance

According to the Business Wire release published by Fidelity, third-quarter revenue rose 22 percent from the year-earlier period. Income from construction operations reached 125.4 million US dollars, up 213 percent year over year.

Reported diluted EPS was 0.39 US dollars, compared with 0.07 US dollars a year earlier. Adjusted diluted EPS was 1.83 US dollars, up from 1.15 US dollars. The adjusted figures exclude share-based compensation expense, a loss on extinguishment of debt and a pension settlement charge, net of related tax benefits.

Operating cash flow reached 330.9 million US dollars in the quarter and 665.1 million US dollars in the first nine months of 2026. The company said the quarterly result was its highest ever, supported by higher project activity, execution and collections.

Backlog remains central to outlook

Tutor Perini booked 2.2 billion US dollars of new awards and contract adjustments during the quarter. Backlog stood at 20.4 billion US dollars on September 30, 2026, with additions spanning civil work, federal government buildings, military facilities, bridges, hospitality and mass transit.

Management raised 2026 adjusted EPS guidance to 5.90 to 6.10 US dollars from 5.15 to 5.45 US dollars. The company also expects continued revenue and adjusted EPS growth in 2027, supported by its long-duration backlog and demand from public and commercial customers.

How Tutor Perini competes

Tutor Perini Corporation provides civil, building and specialty construction services, including general contracting and design-build work, to private clients and public agencies worldwide. The Los Angeles-based company handles large and complex projects and operates across civil, building and specialty contractor segments. Its business is diversified across public infrastructure, government facilities and commercial construction, giving it a broad project mix rather than a single-market focus.

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