Parsons Corp Q3 2024 Adj. EPS $0.95 Beats $0.80 Estimate, Sales $1.800B Beat $1.637B Estimate
Portfolio Pulse from Benzinga Newsdesk
Parsons Corp (NYSE:PSN) reported Q3 2024 earnings of $0.95 per share, surpassing the analyst estimate of $0.80. Sales reached $1.800 billion, exceeding the expected $1.637 billion and marking a 26.85% increase from the previous year.
October 30, 2024 | 10:30 am
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Parsons Corp reported Q3 2024 earnings of $0.95 per share, beating the consensus estimate of $0.80. Sales were $1.800 billion, exceeding the expected $1.637 billion and showing a 26.85% increase from last year.
Parsons Corp's earnings and sales both exceeded analyst expectations significantly, which is likely to positively impact the stock price in the short term. The substantial year-over-year sales growth further supports a positive outlook.
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IMPORTANCE 90
RELEVANCE 100