Tutor Perini Q2 revenue hits record $1.6 billion; raises 2026 adjusted EPS guidance
Tutor Perini reported record second-quarter 2026 revenue of $1.6 billion, up 19% from a year earlier, and diluted EPS of $1.23 versus $0.38. The company raised its 2026 adjusted EPS guidance to $5.15 to $5.45 from $4.90 to $5.30 and increased its quarterly dividend 50% to $0.09 per share. The filing says a $27.5 million decline in share-based compensation expense helped second-quarter results.
Key points
- Revenue $1.6 billion, up 19% from $1.4 billion; income from construction operations $117.7 million, up 54%
- Diluted EPS $1.23 versus $0.38; adjusted EPS $1.74 versus $1.41
- 2026 adjusted EPS guidance raised to $5.15 to $5.45 from $4.90 to $5.30
- Quarterly dividend raised to $0.09 per share from $0.06, payable September 3, 2026, to holders of record on August 19, 2026
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:00 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 05, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.