Replies to post #92179 on Savvy Trades and Investments

[nelson1234]

TPC these guys seem to consistently sell off after earnings, good or mediocre, or bad. I mean if I recall correctly they sold off last qtr on what was a strong qtr with good guidance (its possible there were one timey positives last qtr which made it look good.. I really cant recall).

best.

[researcher59]

TPC (14.32) has a long history of lowering annual guidance, typically already after Q2. That's why the stock is so cheap. Maybe the selloff won't be too bad because lowered guidance is always kind of priced in ahead of the fact. LOL

[larrybaz]

TPC - Tutor Perini should be bought on earnings weakness, says B. Riley

TheFlyontheWall.com - Nov 04 08:26 EDT


B. Riley analyst Alex Rygiel recommends buying shares of Tutor Perini on the weakness post the "disappointing" Q3 results. Revenue and margins continue to be impacted by product timing and limited new awards in the prior periods due in part to Covid impacts, but new awards were strong as Tutor added $2.1B in the quarter resulting in $8.4B of backlog, up 12% sequentially, Rygiel tells investors in a research note. He believes 2022 could be a "very strong year" for the company.