- Tutor Perini Corp (NYSE:TPC) subsidiary, Perini Management Services Inc (PMSI), has secured three fixed-price federal contracts collectively valued at approximately $164 million.
- PMSI was awarded two task orders worth a combined $132.5 million by the U.S. Coast Guard (USCG) in Puerto Rico.
- The combined project scope includes demolishing existing buildings and infrastructure, construction of new buildings, site work and paving, utilities, water distribution, waterfront work, and resiliency for the base.
- The largest building will be the new two-story Multi-Mission Building (MMB), which will be approximately 44,000 square feet.
- The work will be phased to allow continued and uninterrupted base operation by USCG personnel. The company expects the work to be completed in May 2027.
- The National Park Service has awarded PMSI a $31.6 million firm-fixed-price construction contract for the repair and upgrades to the Ahwahnee Hotel in Yosemite National Park, California.
- The company will include the combined contract values in its third-quarter 2022 backlog.
- Price Action: TPC shares are trading lower by 2.12% at $5.99 on the last check Wednesday.
Warby Parker Q2 EPS $(0.28) Up From $(0.35) YoY, Sales $149.60M Beat $149.54M Estimate
Warby Parker (NYSE:WRBY) reported quarterly losses of $(0.28) per share. This is a 20 percent increase over losses of $(0.35) per share from the same period last year. The company reported quarterly sales of $149.60
