Tutor Perini Reports Record Q3 2026 Revenue and Raises Full-Year Earnings Guidance
Tutor Perini (TPC) delivered a record-breaking third quarter for 2026, reporting revenue of $1.7 billion, a 22% increase year-over-year. The company achieved significant profitability growth, with income from construction operations surging 213% to $125.4 million and adjusted EPS rising 59% to $1.83. Operating cash flow also reached a record high of $330.9 million. Driven by strong performance across its Civil, Building, and Specialty Contractors segments, the company has significantly raised its full-year 2026 adjusted EPS guidance to a range of $5.90 to $6.10. With a massive $20.4 billion backlog—including nine mega projects—and an expanding pipeline of potential opportunities valued at $200 billion over the next few years, Tutor Perini is positioned for sustained long-term growth.
Topics: backlog earnings report guidance increase operating cash flow revenue growth