Key Developments: Tutor Perini Corp (TPC)

TPC on New York Consolidated

28.64USD
19 Sep 2014
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Latest Key Developments (Source: Significant Developments)

Tutor Perini Corp awarded three projects valued at $319 mln
Friday, 12 Sep 2014 08:30am EDT 

Tutor Perini Corp:Lunda Construction Company, subsidiary recently been awarded three projects in Wisconsin and Minnesota collectively valued at about $319 mln.Contracts will be included in company's reported Q3 backlog.Says Phase 1 - Zoo Interchange, I-94/US 45, Milwaukee, Wisconsin contract value about $198 mln completion expected in June 2016.Says Highway 610 completion to I-94, Maple Grove, Minnesota contract value about $81 mln expected to begin in Sept. 2014 with substantial completion expected in Oct. 2016.Says US 10/WIS 441 near Menasha, Wisconsin Contract value about $40 mln expected to begin in Sept. 2014 with substantial completion expected in Nov. 2016.  Full Article

Tutor Perini Corp lowers high end of prior FY 2014 revenue guidance to a range in line with analysts' estimates; reaffirms FY 2014 EPS guidance
Tuesday, 5 Aug 2014 04:05pm EDT 

Tutor Perini Corp:Updates FY 2014 guidance, with revenue now expected in range of $4.5 bln to $4.7 bln and diluted EPS remaining in the range of $2.20 to $2.40.FY 2014 revenue of $4.6 bln and EPS of $2.33 - Thomson Reuters I/B/E/S.  Full Article

Tutor Perini Corp's Roy Anderson Corp awarded three new projects
Wednesday, 16 Jul 2014 08:30am EDT 

Tutor Perini Corp:Says three new projects awarded to its subsidiary, Roy Anderson Corp at a contract value of about 31.1 mln.  Full Article

Tutor Perini Corp awarded contract for Panorama Tower in Miami
Wednesday, 11 Jun 2014 08:30am EDT 

Tutor Perini Corp:Says a subsidiary, Tutor Perini Building Corp, has been selected as the general contractor and has signed a contract with Florida East Coast Realty, LLC, valued at about $255 million for construction of the Panorama Tower at Brickell Avenue in Miami, Florida.  Full Article

Tutor Perini Corp's subsidiary announces three projects valued over $285 mln
Thursday, 8 May 2014 08:30am EDT 

Tutor Perini Corp:Announces three new projects in California for its subsidiary, Rudolph and Sletten, Inc., collectively valued at more than $285 mln.Macerich, Broadway Plaza Retail Development contract is valued at about range $125 to $150 mln, for construction of 300,000 sf of new and renovated buildings in the existing high-end open air shopping center in Walnut Creek, California.Construction started in Feb. 2014 and is expected to be substantially completed in Dec. 2016.Silicon Valley Microelectronic Manufacturing Facility contract is valued at about $110 mln, for construction of a new 70,000-sf clean room, including new support steel structures and utilities, along with new interior office upgrades within an existing overall upgraded 270,272-sf two-story building.Construction started in April 2014 and is expected to be substantially completed in May 2015.University of California, Santa Barbara, Bioengineering Lab Building contract is valued at about $53 mln, for construction of an 89,000-sf three-story multi-disciplinary research facility, which will house a combination of wet labs, lab support space, and dry computational research labs.Construction is expected to start in Sept. 2014 and be substantially completed in Dec. 2016.  Full Article

Tutor Perini Corp reaffirms FY 2014 outlook
Wednesday, 7 May 2014 07:30am EDT 

Tutor Perini Corp:Maintains FY 2014 outlook.Expects FY 2014 revenue in the range of $4.5 - $5.0 bln.Expects FY 2014 diluted EPS in the range of $2.20 to $2.40.FY 2014 revenue of $4.6 bln, EPS of $2.32 - Thomson Reuters I/B/E/S.  Full Article

Tutor Perini Corp announces three task orders valued up to $76 mln
Friday, 25 Apr 2014 08:30am EDT 

Tutor Perini Corp:Its subsidiary, Perini Management Services Inc recently received three task orders for federal projects.To several buildings on Ellis Island in New York Harbor.  Full Article

Tutor Perini Corp's subsidiary awarded contract
Wednesday, 19 Mar 2014 08:30am EDT 

Tutor Perini Corp:Says a joint venture between its subsidiary, Frontier-Kemper Constructors, and ASL has recently been awarded a contract by Aecon/SNC-Lavalin Constructors joint venture for the underground excavation package for the John Hart Generating Station replacement project in British Columbia.Frontier-Kemper's work on the project will commence this year and is scheduled for completion by the end of 2017.  Full Article

Tutor Perini Corp gives FY 2014 guidance; EPS guidance below analysts' estimates
Monday, 24 Feb 2014 04:05pm EST 

Tutor Perini Corp:Expects FY 2014 revenue in the range of $4.5 billion to $5.0 billion.Expects FY 2014 diluted EPS in the range of $2.20 to $2.40.FY 2014 revenue of $4.6 billion and EPS of $2.45 - Thomson Reuters I/B/E/S.  Full Article

Tutor Perini Corp secures $92 million i-564 intermodal connector design-build contract
Thursday, 13 Feb 2014 04:05pm EST 

Tutor Perini Corp:Says its subsidiary, Cherry Hill Construction, awarded a design-build contract by the Federal Highway Administration Eastern Federal Lands Highway Division (EFLHD) for the I-564 Intermodal Connector project in Norfolk, Virginia.Contract value is about $92.5 mln.Project scope consists of the design and construction four-lane limited access highway, reconfigured commercial vehicle inspection station for Naval Station Norfolk, a new I-564 interchange, stormwater management areas, and other associated infrastructure.Notice to proceed is expected to be issued next month with substantial completion scheduled to be achieved in the fourth quarter of 2016.Says contract value will be included as part of the company's reported first-quarter backlog.  Full Article

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THOMSON REUTERS, May 22,2014 - Corporate Meetings for US companies for Week ahead. S&P 500 Earnings - Weekly S&P 500 Earnings - Day Ahead Non S&P 500 - Weekly Non S&P 500 - Day Ahead ConferenceCall/Webcast - Weekly ConferenceCall/Webcast - Day S&P 500 Earnings - Monthly Meetings - Day Ahead Economic Indicators Dividends Daily earnings hits & misses Federal Rese

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