Tutor Perini Corp Files 8-K on Financials
Ticker: TPC · Form: 8-K · Filed: Apr 15, 2024 · CIK: 77543
| Field | Detail |
|---|---|
| Company | Tutor Perini Corp (TPC) |
| Form Type | 8-K |
| Filed Date | Apr 15, 2024 |
| Risk Level | low |
| Pages | 8 |
| Reading Time | 10 min |
| Key Dollar Amounts | $1.00, $400 million, $1.025 billion, $1.075 billion, $14 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: financial-reporting, operations-update
TL;DR
Tutor Perini filed an 8-K updating investors on its financials. Keep an eye out for details.
AI Summary
Tutor Perini Corporation filed an 8-K on April 15, 2024, reporting on its results of operations and financial condition. The filing also included Regulation FD disclosures and financial statements and exhibits. No specific financial figures or operational details were provided in the excerpt.
Why It Matters
This filing provides an update on Tutor Perini's financial condition and operations, which is crucial for investors to assess the company's performance and outlook.
Risk Assessment
Risk Level: low — The filing is a standard 8-K reporting operational and financial updates, not indicating immediate or significant new risks.
Key Players & Entities
- Tutor Perini Corporation (company) — Registrant
- Massachusetts (jurisdiction) — State of Incorporation
- Sylmar, California (location) — Principal Executive Offices
FAQ
What specific financial results or operational updates are detailed in this 8-K filing?
The provided excerpt does not contain specific financial figures or operational details, only indicating that the filing pertains to 'Results of Operations and Financial Condition'.
When was this 8-K report filed with the SEC?
The report was filed on April 15, 2024.
What is the principal executive office address for Tutor Perini Corporation?
The principal executive offices are located at 15901 Olden Street, Sylmar, California 91342-1093.
What is Tutor Perini Corporation's IRS Employer Identification Number?
The IRS Employer Identification Number for Tutor Perini Corporation is 04-1717070.
What are the main items covered in this 8-K filing?
This 8-K filing covers Results of Operations and Financial Condition, Regulation FD Disclosure, and Financial Statements and Exhibits.
Filing Stats: 2,527 words · 10 min read · ~8 pages · Grade level 18.2 · Accepted 2024-04-15 08:14:00
Key Financial Figures
- $1.00 — nge on which registered Common Stock, $1.00 par value TPC The New York Stock Ex
- $400 million — ion with a proposed private offering of $400 million aggregate principal amount of senior no
- $1.025 billion — Revenue in the range of approximately $1.025 billion to $1.075 billion; Net income attribu
- $1.075 billion — ange of approximately $1.025 billion to $1.075 billion; Net income attributable to Tutor Per
- $14 million — rporation in the range of approximately $14 million to $17 million; Diluted EPS in the ra
- $17 million — e range of approximately $14 million to $17 million; Diluted EPS in the range of approxim
- $0.27 — luted EPS in the range of approximately $0.27 per share to $0.32 per share; Cash fl
- $0.32 — nge of approximately $0.27 per share to $0.32 per share; Cash flow from operations
- $96 million — perations in the range of approximately $96 million to $100 million; and Total debt of ap
- $100 million — e range of approximately $96 million to $100 million; and Total debt of approximately $800
- $800 m — lion; and Total debt of approximately $800 million, a reduction of approximately $10
- $500 million — lion with the anticipated redemption of $500 million aggregate principal amount of the Compa
- $275.1 million — s of term loan B credit facilities with $275.1 million outstanding as of April 12, 2024 (the "
- $175 million — 2024 (the "Term Loan B") and an undrawn $175 million revolving credit facility (the "Revolve
- $5 million — Revolver will be permanently reduced by $5 million from $175 million to $170 million. The
Filing Documents
- d822139d8k.htm (8-K) — 44KB
- d822139dex991.htm (EX-99.1) — 9KB
- g822139g0413040843667.jpg (GRAPHIC) — 7KB
- 0001193125-24-095551.txt ( ) — 189KB
- tpc-20240415.xsd (EX-101.SCH) — 3KB
- tpc-20240415_lab.xml (EX-101.LAB) — 17KB
- tpc-20240415_pre.xml (EX-101.PRE) — 11KB
- d822139d8k_htm.xml (XML) — 3KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits Exhibit Number Description 99.1 Press release. 104 The cover page from this Current Report on Form 8-K formatted in Inline XBRL (included as Exhibit 101). 4 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. TUTOR PERINI CORPORATION Date: April 15, 2024 By : /s/ Ryan J. Soroka Ryan J. Soroka Senior Vice President & Chief Financial Officer 5