Parsons (PSN) Expected to Release Quarterly Earnings on Wednesday

Parsons (NYSE:PSN) is expected to be posting its Q3 2026 results before the market opens on Wednesday, October 28th. Analysts expect the company to post earnings of $0.7840 per share and revenue of $1.62 billion for the quarter. Individuals are encouraged to explore the company’s upcoming Q3 2026 earnings summary page for the latest details on the call scheduled for Wednesday, October 28, 2026 at 8:00 AM ET.

Parsons (NYSE:PSN) last released its quarterly earnings data on Wednesday, July 29th. The company reported ($0.06) EPS for the quarter, missing analysts’ consensus estimates of $0.76 by ($0.82). Parsons had a net margin of 2.50% and a return on equity of 8.10%. The company had revenue of $1.59 billion during the quarter, compared to the consensus estimate of $1.61 billion. During the same quarter in the prior year, the company posted $0.78 EPS. The company’s revenue for the quarter was down .5% compared to the same quarter last year. On average, analysts expect Parsons to post $2.06 EPS for the current fiscal year and $3.02 EPS for the next fiscal year.

Parsons Trading Up 1.9%

NYSE:PSN opened at $49.97 on Tuesday. Parsons has a 1-year low of $36.26 and a 1-year high of $88.00. The business’s 50-day moving average price is $45.34 and its two-hundred day moving average price is $54.60. The company has a current ratio of 1.66, a quick ratio of 1.66 and a debt-to-equity ratio of 0.54. The firm has a market capitalization of $5.34 billion, a price-to-earnings ratio of 24.16, a PEG ratio of 4.13 and a beta of 0.72.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the stock. Barclays cut their price target on shares of Parsons from $70.00 to $60.00 and set an “overweight” rating on the stock in a research report on Thursday, July 30th. Citigroup decreased their price objective on shares of Parsons from $66.00 to $53.00 and set a “buy” rating for the company in a report on Thursday, July 30th. William Blair reaffirmed an “outperform” rating on shares of Parsons in a research note on Wednesday, July 29th. Stifel Nicolaus cut their target price on shares of Parsons from $79.00 to $66.00 and set a “buy” rating on the stock in a report on Thursday, July 30th. Finally, Weiss Ratings lowered shares of Parsons from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday, July 30th. Eleven equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $63.00.

Insider Buying and Selling at Parsons

In other Parsons news, Director George Ball acquired 20,000 shares of the business’s stock in a transaction dated Friday, August 7th. The shares were acquired at an average price of $47.97 per share, for a total transaction of $959,400.00. Following the acquisition, the director directly owned 170,383 shares of the company’s stock, valued at approximately $8,173,272.51. This trade represents a 13.30% increase in their position. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 1.31% of the stock is owned by company insiders.

About Parsons

Parsons Corporation (NYSE: PSN) is a technology-driven solutions provider serving government and commercial customers in the defense, intelligence, critical infrastructure and transportation markets. The company develops and integrates solutions for complex security, engineering and infrastructure challenges, combining software, systems engineering, cybersecurity, data analytics and program management capabilities.

Parsons operates through its Federal Solutions and Critical Infrastructure segments.