Parsons falls after quarterly earnings miss estimates

Parsons

11/02/2026 12:13

** Shares of engineering and consulting firm Parsons PSN.N fall nearly 2% to $69 premarket, after quarterly profit and sales miss estimates

** Co reports Q4 adjusted profit of 75 cents, below Wall Street estimates of 79 cents, according to data compiled by LSEG

** Posts quarterly revenue of $1.60 billion vs analysts estimates of $1.67 billion

** PSN forecasts 2026 revenue between $6.5 billion and $6.8 billion, mid-point of which is below analysts' estimate of $6.7 billion

** In 2025, PSN down ~33%

 (Reporting by Apratim Sarkar in Bengaluru)

 ((Apratim.Sarkar@thomsonreuters.com))