Parsons Corp reports results for the quarter ended June 30 - Earnings Summary
Parsons Corp reports results for the quarter ended June 30 - Earnings Summary
Parsons Corp PSN.N reported a quarterly adjusted loss of 6 cents per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 78 cents. The mean expectation of thirteen analysts for the quarter was for earnings of 76 cents per share. Wall Street expected results to range from 70 cents to 88 cents per share.
Revenue fell 0.5% to $1.58 billion from a year ago; analysts expected $1.62 billion.
Parsons Corp's reported EPS for the quarter was a loss of 14 cents.
The company reported a quarterly loss of $15.22 million.
Parsons Corp shares had risen by 18.4% this quarter and gained 0.4% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 1.9% in the last three months.
In the last 30 days, two analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy," 5 "hold" and no "sell" or "strong sell." The average consensus recommendation for the aerospace & defense peer group is also "buy"
This summary was machine generated from LSEG data July 29 at 06:11 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 2026 | 0.76 | -0.06 | Missed |
Mar. 31 2026 | 0.69 | 0.79 | Beat |
Dec. 31 2025 | 0.79 | 0.75 | Missed |
Sep. 30 2025 | 0.75 | 0.86 | Beat |
Recent news on Parsons
See all newsUS RESEARCH ROUNDUP-Affiliated Managers Group, Goldman Sachs, Vaxcyte
Brief: Parsons Awarded $85M Agreement To Deliver New U.S. Space Command Headquarters
Brief: Parsons Corp - Secures Two Nnsa Cnssd Task Orders In Middle East And Africa
Brief: Parsons Secures $514 Million Missile Defense Agency Contract Option
Brief: Parsons Awarded $70M To Advance Air Base Air Defense Capabilities Across Europe And Africa