Parsons Corp Q2 Adj. EPS $0.63 Beats $0.49 Estimate, Sales $1.36B Beat $1.12B Estimate
Portfolio Pulse from Benzinga Newsdesk
Parsons Corp (NYSE:PSN) reported Q2 adjusted earnings of $0.63 per share, beating the analyst consensus estimate of $0.49 by 28.57%. This is a 53.66% increase from the same period last year. The company also reported quarterly sales of $1.36 billion, beating the analyst consensus estimate of $1.12 billion by 21.07%, a 34.39% increase from the same period last year.
August 04, 2023 | 10:50 am
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Parsons Corp's Q2 earnings and sales exceeded analyst estimates, indicating strong financial performance.
Parsons Corp's Q2 earnings and sales have significantly exceeded analyst estimates, which is a strong indicator of the company's financial performance. This could lead to increased investor confidence and a potential rise in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100