Tutor Perini Corporation reported record second-quarter 2026 financial results, with revenue reaching $1.6 billion, a 19% year-over-year increase, and diluted earnings per share rising to $1.23 from $0.38 in the prior year period. The company raised its full-year 2026 adjusted EPS guidance to a range of $5.15 to $5.45, up from the previous estimate of $4.90 to $5.30, citing strong operating performance and higher-margin project contributions. Additionally, the Board of Directors increased the quarterly cash dividend by 50% to $0.09 per share, payable on September 3, 2026, to shareholders of record as of August 19, 2026. The firm maintains a near-record backlog of $19.9 billion and generated record first-half operating cash flow of $334.1 million. Tutor Perini Corporation is a leading civil, building, and specialty construction company providing general contracting and design-build services.
