Tutor Perini (TPC) reported Q1 earnings Wednesday of $0.53 per diluted share, up from $0.30 a year earlier.

Three analysts polled by FactSet expected $0.09.

Revenue for the quarter ended March 31 was $1.25 billion, compared with $1.05 billion a year earlier.

Three analysts polled by FactSet expected $1.07 billion.

The company raised its 2025 EPS guidance to now be between $1.60 and $1.95 from the prior range of $1.50 to $1.90. Analysts surveyed by FactSet expect $1.71.

Shares of the company jumped 10% in recent premarket activity Thursday.

Price: 26.00, Change: +2.37, Percent Change: +10.03