Parsons Corp reports results for the quarter ended June 30 - Earnings Summary

Parsons

06/08/2025 14:32

Parsons Corp PSN.N reported quarterly adjusted earnings of 78 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 84 cents.  The mean expectation of eleven analysts for the quarter was for earnings of 74 cents per share. Wall Street expected results to range from 70 cents to 79 cents per share.

Revenue fell 5.2% to $1.58 billion from a year ago; analysts expected $1.60 billion.

Parsons Corp's reported EPS for the quarter was 50 cents​.

The company reported quarterly net income of $55.23 million.

Parsons Corp shares had risen by 7.3% this quarter and lost 16.5% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 5.2% in the last three months.​

In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell." The average consensus recommendation for the aerospace & defense peer group is also "buy"

Wall Street's median 12-month price target for Parsons Corp is $82.00, about 6.1% above its last closing price of $77.00

This summary was machine generated from LSEG data August 6 at 01:32 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Jun. 30 2025
0.74
0.78
Beat
Mar. 31 2025
0.74
0.78
Beat
Dec. 31 2024
0.91
0.78
Missed
Sep. 30 2024
0.80
0.95
Beat