TUTOR PERINI CORP 8K

Tutor Perini Corporation reported record Q2 2026 results, raised its 2026 adjusted EPS guidance, completed a balance-sheet-strengthening refinancing, and increased its quarterly dividend by 50% while maintaining a near-record profitable backlog.

On August 5, 2026, Tutor Perini Corporation reported record second quarter 2026 financial results, including revenue of $1.6 billion (up 19% year over year), record income from construction operations of $117.7 million (up 54%), and diluted EPS of $1.23, along with adjusted EPS of $1.74; the company highlighted record first-half 2026 operating cash flow of $334.1 million, a near-record profitable backlog of $19.9 billion supported by substantial new awards, and strong net cash with cash exceeding total debt by $542 million, and announced that it is raising its 2026 adjusted EPS guidance to $5.15–$5.45, remains confident 2027 adjusted EPS will be substantially higher than this range, has completed a favorable refinancing on July 2, 2026 to extend maturities and reduce interest expense, has repurchased $10 million of stock under its $200 million authorization, and is increasing its quarterly dividend by 50% to $0.09 per share payable on September 3, 2026 to shareholders of record on August 19, 2026.

Filing Facts

CIK

77543

Ticker

-

Form

8K

Source Type

sec

Accession

0000077543-26-000184

Alert Tier

7