Tutor Perini beats Q2 estimates with earnings of $1.74 per share

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Summary · why it matters

Tutor Perini reported second-quarter earnings of $1.74 per share, topping the Zacks Consensus Estimate of $1.36 per share by 27.94%. Revenue came in at $1.64 billion, exceeding the consensus forecast by 4.80% and up from $1.37 billion a year earlier. The company has now beaten earnings estimates in all of the last four quarters. Shares have gained about 27.9% year to date, outpacing the S&P 500's 13% advance. The stock currently carries a Zacks Rank of 3, or Hold.

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