The Surprising Turnaround: Why Tutor Perini Stunned Wall Street This Quarter
Tutor Perini reported a significant revenue increase of 18.8% year-on-year, reaching $1.25 billion, surpassing Wall Street expectations by 16.7%. Despite past struggles, the company’s earnings per share (EPS) skyrocketed to $0.53, greatly exceeding analysts’ forecasts of $0.09. Following the financial report, Tutor Perini’s stock price surged by 18.5%, reflecting renewed investor confidence. The company achieved … Read more