Parsons (PSN) Q3 Earnings Top Estimates

Core Viewpoint - Parsons (PSN) reported quarterly earnings of $0.86 per share, exceeding the Zacks Consensus Estimate of $0.72 per share, but down from $0.95 per share a year ago, indicating an earnings surprise of +19.44% [1][2] Financial Performance - The company posted revenues of $1.62 billion for the quarter ended September 2025, missing the Zacks Consensus Estimate by 3.03% and down from $1.81 billion year-over-year [2] - Over the last four quarters, Parsons has surpassed consensus EPS estimates three times but has not beaten revenue estimates [2] Stock Performance - Parsons shares have declined approximately 13.8% year-to-date, contrasting with the S&P 500's gain of 15.1% [3] - The current Zacks Rank for Parsons is 3 (Hold), indicating expected performance in line with the market in the near future [6] Future Outlook - The consensus EPS estimate for the upcoming quarter is $0.91 on revenues of $1.79 billion, and for the current fiscal year, it is $3.20 on revenues of $6.6 billion [7] - The outlook for the Technology Services industry, where Parsons operates, is currently in the top 39% of Zacks industries, suggesting potential for better performance compared to lower-ranked industries [8]