TUTOR PERINI CORP
For the period ended Dec 31, 2023. Filed Feb 28, 2024.
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FY2023 · Filed Feb 28, 2024
TPC$94.70+5.4%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations
| Year Ended December 31, | |||
|---|---|---|---|
| (in thousands, except per common share amounts) | 2023 | 2022 | 2021 |
| REVENUE | $3,880,227 | $3,790,755 | $4,641,830 |
| COST OF OPERATIONS | (3,739,603) | (3,761,143) | (4,175,439) |
| GROSS PROFIT | 140,624 | 29,612 | 466,391 |
| General and administrative expenses | (255,221) | (234,376) | (239,587) |
| INCOME (LOSS) FROM CONSTRUCTION OPERATIONS | (114,597) | (204,764) | 226,804 |
| Other income, net | 17,200 | 6,732 | 2,004 |
| Interest expense | (85,157) | (69,638) | (69,026) |
| INCOME (LOSS) BEFORE INCOME TAXES | (182,554) | (267,670) | 159,782 |
| Income tax (expense) benefit | 54,957 | 75,098 | (25,632) |
| NET INCOME (LOSS) | (127,597) | (192,572) | 134,150 |
| LESS: NET INCOME ATTRIBUTABLE TO NONCONTROLLING INTERESTS | 43,558 | 17,437 | 42,225 |
| NET INCOME (LOSS) ATTRIBUTABLE TO TUTOR PERINI CORPORATION | $(171,155) | $(210,009) | $91,925 |
| BASIC EARNINGS (LOSS) PER COMMON SHARE | $(3.30) | $(4.09) | $1.80 |
| DILUTED EARNINGS (LOSS) PER COMMON SHARE | $(3.30) | $(4.09) | $1.79 |
| WEIGHTED-AVERAGE COMMON SHARES OUTSTANDING: | |||
| BASIC | 51,845 | 51,324 | 51,017 |
| DILUTED | 51,845 | 51,324 | 51,369 |
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