SYLMAR, Calif. (AP) — Tutor Perini Corp. (TPC) on Wednesday reported third-quarter profit of $19.3 million.
On a per-share basis, the Sylmar, California-based company said it had profit of 38 cents.
The construction company posted revenue of $1.19 billion in the period.
Tutor Perini expects full-year earnings in the range of $1.40 to $1.55 per share.
Tutor Perini shares have dropped roughly 2% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $15.68, a decline of 14% in the last 12 months.