Parsons Corp is a technology-driven engineering and construction firm that specializes in providing services to the defense, security, and infrastructure sectors. The company focuses on delivering innovative solutions to complex challenges, leveraging advanced technologies and data analytics to enhance project outcomes. Parsons’ expertise spans a wide range of capabilities, including cybersecurity, intelligence analysis, and systems engineering, thereby playing a pivotal role in modernizing critical infrastructure and safeguarding national interests. With a commitment to sustainability and community engagement, Parsons aims to create lasting impacts through its projects and solutions, contributing to the safety and resilience of communities worldwide. Read More
CHANTILLY, Va., April 03, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) will release first quarter 2025 financial results before the markets open on Wednesday, April 30, 2025. The company will host a conference call at 8:00 a.m. Eastern Time that day to discuss its earnings results and strategic corporate initiatives.
CHANTILLY, Va., April 02, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced that the company was selected by Tucson Airport Authority (TAA), operator of Tucson International Airport (TUS), to execute a per- and polyfluoroalkyl substances (PFAS) facility investigation. The professional services agreement contract includes source area delineation, offsite source differentiation, and remedy feasibility assessment associated with TAA’s required use of PFAS containing aqueous film forming foam (AFFF). This contract represents Parsons’ continued drive to help our clients address PFAS efficiently and cost effectively.
CHANTILLY, Va., March 24, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that its board of directors has increased the company’s stock repurchase authorization to $250 million.
Industrials businesses quietly power the physical things we depend on, from cars and homes to e-commerce infrastructure. But they are at the whim of volatile macroeconomic factors that influence capital spending (like interest rates), and the market seems convinced that demand will slow.
Due to this bearish outlook, the industry has tumbled by 7.5% over the past six months. This drawdown was disheartening since the S&P 500 held steady.
Many small-cap stocks have limited Wall Street coverage, giving savvy investors the chance to act before everyone else catches on.
But the flip side is that these businesses have increased downside risk because they lack the scale and staying power of their larger competitors.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at CACI (NYSE:CACI) and the best and worst performers in the defense contractors industry.
Parsons Corporation has been a strong player in the defense and infrastructure sectors, delivering cybersecurity, intelligence, and engineering solutions primarily to the U.S. government.
Growth boosts valuation multiples, but it doesn’t always last forever.
Companies that cannot maintain it are often penalized with large declines in market value, a lesson ingrained in investors who lost money in tech stocks during 2022.
NEW YORK, March 03, 2025 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Parsons Corporation and Perpetua Resources Corp. (NASDAQ:PPTA). Our investigations concern whether these companies have violated the federal securities laws and/or engaged in other unlawful business practices. Additional information about each case can be found at the link provided.
NEW YORK, Feb. 21, 2025 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Parsons Corporation (“Parsons” or the “Company”) (NYSE:PSN) on behalf of Parsons stockholders. Our investigation concerns whether Parsons has violated the federal securities laws and/or engaged in other unlawful business practices.
Glancy Prongay & Murray LLP, a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Parsons Corporation (“Parsons” or the “Company”) (NYSE: PSN) investors concerning the Company’s possible violations of the federal securities laws.
Law Offices of Howard G. Smith announces an investigation on behalf of Parsons Corporation (“Parsons” or the “Company”) (NYSE: PSN) investors concerning the Company’s possible violations of federal securities laws.
Shares of infrastructure and defense services provider Parsons (NYSE:PSN) fell 11.1% in the afternoon session after the company reported disappointing fourth quarter earnings: its revenue, EPS, and EBITDA fell short of Wall Street's estimates along with its full-year revenue and EBITDA guidance. Parsons beat analysts' backlog expectations this quarter, but the weaker outlook implies the conversion of its backlog into sales will take longer than anticipated. Overall, this was a tough quarter.
Infrastructure and defense services provider Parsons (NYSE:PSN) fell short of the market’s revenue expectations in Q4 CY2024, but sales rose 16.1% year on year to $1.73 billion. The company’s full-year revenue guidance of $7.25 billion at the midpoint came in 1.3% below analysts’ estimates. Its non-GAAP profit of $0.78 per share was 14.6% below analysts’ consensus estimates.
The Law Offices of Frank R. Cruz announces an investigation of Parsons Corporation (“Parsons” or the “Company”) (NYSE: PSN) on behalf of investors concerning the Company’s possible violations of federal securities laws.
Discover PARSONS CORP, an undervalued growth gem. NYSE:PSN is shining in terms of growth metrics, and it's also displaying strong financial health and profitability, retaining an appealing valuation.
