Parsons Corp: Q1 Earnings Insights

Parsons Corp PSN reported its Q1 earnings results on Wednesday, May 4, 2022 at 06:30 AM.

Here's what investors need to know about the announcement.

Parsons Corp beat estimated earnings by 8.11%, reporting an EPS of $0.4 versus an estimate of $0.37.

Revenue was up $74.37 million from the same period last year.

Last quarter the company beat on EPS by $0.02 which was followed by a 8.09% increase in the share price the next day.

Here's a look at Parsons Corp's past performance:

Quarter	Q4 2022	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	0.53	0.48	0.51	0.15
EPS Actual	0.55	0.44	0.32	0.34
Revenue Estimate	944.48M	959.00M	984.97M	902.68M
Revenue Actual	950.67M	956.05M	879.36M	874.70M

To track all earnings releases for Parsons Corp visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Overview Rating:

Speculative

0100

Earnings Calendar