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Tutor Perini Announces Q3 Loss and $145MM in Charges Due to Project Disputes

October 22, 20242 Mins read340
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Los Angeles-based contractor Tutor Perini has withdrawn its 2024 earnings guidance, anticipating a loss for the third quarter due to a series of project-related disputes. The company disclosed that it expects to incur approximately $145 million in charges stemming from an adverse arbitration decision related to a bridge project in California and the resolution of […]

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