Tutor Perini Corporation (TPC) Q2 2026 Earnings Call Transcript

Second Quarter 2026 Earnings Call August 5, 2026 5:00 PM EDT Company Participants Jorge Casado - Vice President of Investor Relations & Corporate Communications Gary Smalley - CEO, President & Director Ryan Soroka - Executive VP & CFO Conference Call Participants Adam Thalhimer - Thompson, Davis & Company, Inc., Research Division Min Cho - Texas Capital Securities, Research Division Michael Dudas - Vertical Research Partners, LLC Liam Burke - B. Riley Securities, Inc., Research Division Steven Fisher - UBS Investment Bank, Research Division Presentation Operator Good day, ladies and gentlemen, and welcome to the Tutor Perini Corporation Second Quarter 2026 Earnings Conference Call. My name is Rochelle, and I will be your coordinator for today. Operator Instructions As a reminder, this conference is being recorded for replay purposes. Operator Instructions I will now turn the conference over to your host for today, Mr. Jorge Casado, Senior Vice President of Investor Relations. Please proceed. Jorge Casado Vice President of Investor Relations & Corporate Communications Hello, everyone, and thank you for joining us. With us today are Gary Smalley, CEO and President; and Ryan Soroka, Executive Vice President and CFO. Before we discuss our results, I'll remind everyone that during this call, we will be making forward-looking statements, which are based on management's current assessment of existing trends and information. There is an inherent risk that our actual results could differ materially. You can find our disclosures about risk factors that could contribute to such differences in our Form 10-Q, which we are filing today, and in our Form 10-K, which was filed on February 26, 2026. The company assumes no obligation to update forward-looking statements, whether due to new information, future events or otherwise, other than as required by law. In addition, during today's call, management will be referring to certain non-GAAP financial measures. You can find information and a reconciliation of these non-GAAP financial measures in our earnings