Parsons (PSN) Expected to Post Quarterly Earnings on Wednesday

Parsons (NYSE:PSN) is projected to post its Q2 2026 results before the market opens on Wednesday, July 29th. Analysts expect the company to post earnings of $0.74 per share and revenue of $1.6071 billion for the quarter. Investors are encouraged to explore the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Wednesday, July 29, 2026 at 8:00 AM ET.

Parsons (NYSE:PSN) last issued its quarterly earnings results on Wednesday, April 29th. The company reported $0.79 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.70 by $0.09. Parsons had a return on equity of 11.52% and a net margin of 3.62%.The firm had revenue of $1.49 billion during the quarter, compared to analyst estimates of $1.50 billion. During the same period last year, the company posted $0.60 EPS. The firm’s quarterly revenue was down 4.1% on a year-over-year basis. On average, analysts expect Parsons to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Parsons Stock Up 1.3%

Shares of PSN stock opened at $59.48 on Tuesday. Parsons has a 1 year low of $46.88 and a 1 year high of $89.50. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.75 and a current ratio of 1.75. The business’s fifty day moving average is $55.46 and its 200-day moving average is $58.60. The stock has a market cap of $6.36 billion, a PE ratio of 28.46, a price-to-earnings-growth ratio of 1.85 and a beta of 0.66.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the company. Robert W. Baird reaffirmed a “neutral” rating and set a $60.00 target price on shares of Parsons in a research note on Monday, April 13th. Citigroup boosted their price target on shares of Parsons from $65.00 to $66.00 and gave the stock a “buy” rating in a research report on Wednesday, July 1st. Weiss Ratings downgraded shares of Parsons from a “hold (c)” rating to a “hold (c-)” rating in a report on Friday, May 15th. Barclays reduced their price objective on shares of Parsons from $78.00 to $70.00 and set an “overweight” rating for the company in a research report on Tuesday, March 31st. Finally, BNP Paribas Exane set a $65.00 price objective on shares of Parsons and gave the stock an “outperform” rating in a research note on Wednesday, May 27th. Nine research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $75.82.

Insider Buying and Selling

In related news, Director Mark Keith Holdsworth purchased 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, May 12th. The shares were purchased at an average price of $51.27 per share, with a total value of $512,700.00. Following the purchase, the director owned 39,918 shares of the company’s stock, valued at $2,046,595.86. This trade represents a 33.42% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Carey A. Smith acquired 12,500 shares of the business’s stock in a transaction on Friday, May 8th. The shares were bought at an average price of $49.97 per share, for a total transaction of $624,625.00. Following the acquisition, the chief executive officer owned 575,376 shares in the company, valued at approximately $28,751,538.72. This trade represents a 2.22% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last quarter, insiders have purchased 32,500 shares of company stock valued at $1,637,325. 1.31% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. NewEdge Advisors LLC lifted its position in shares of Parsons by 38.0% in the 1st quarter. NewEdge Advisors LLC now owns 959 shares of the company’s stock valued at $57,000 after acquiring an additional 264 shares in the last quarter. Jones Financial Companies Lllp grew its position in Parsons by 433.9% during the 1st quarter. Jones Financial Companies Lllp now owns 1,260 shares of the company’s stock worth $75,000 after purchasing an additional 1,024 shares in the last quarter. Sivia Capital Partners LLC purchased a new position in Parsons during the 2nd quarter worth approximately $228,000. Prudential Financial Inc. raised its stake in Parsons by 40.9% during the 2nd quarter. Prudential Financial Inc. now owns 5,945 shares of the company’s stock valued at $427,000 after purchasing an additional 1,725 shares during the period. Finally, Northwestern Mutual Wealth Management Co. raised its stake in Parsons by 176.0% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 828 shares of the company’s stock valued at $59,000 after purchasing an additional 528 shares during the period. 98.02% of the stock is owned by hedge funds and other institutional investors.

About Parsons

Parsons Corporation (NYSE: PSN) is a technology-driven engineering, construction, technical and professional services firm. The company delivers end-to-end solutions that span feasibility studies, design and engineering, construction management, system integration and ongoing operations support. Parsons serves both government and commercial clients and focuses on critical infrastructure, defense, security, intelligence and environmental programs.

Core services include program and construction management for transportation systems, water and environmental infrastructure, cybersecurity and advanced systems integration.