Software and infrastructure services
Search documents
Why Parsons (PSN) is Poised to Beat Earnings Estimates Again
ZACKS· 2025-10-23 17:10
Core Viewpoint - Parsons (PSN) has consistently beaten earnings estimates and is well-positioned for future earnings surprises, particularly with an upcoming report expected on November 5, 2025 [1][7]. Earnings Performance - For the most recent quarter, Parsons reported earnings of $0.78 per share, exceeding the expected $0.74 per share, resulting in a surprise of 5.41% [2]. - The average surprise for the last two quarters was also 5.41%, indicating a strong performance trend [1][2]. Earnings Estimates and Predictions - Estimates for Parsons have been trending higher, supported by its history of earnings surprises [4]. - The company currently has an Earnings ESP of +2.49%, suggesting analysts are optimistic about its earnings prospects [7]. - A positive Earnings ESP combined with a Zacks Rank of 3 (Hold) indicates a potential for another earnings beat [7]. Statistical Insights - Research indicates that stocks with a positive Earnings ESP and a Zacks Rank of 3 or better have a nearly 70% chance of producing a positive surprise [5]. - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, reflecting the latest analyst revisions [6].
Earnings Preview: Parsons (PSN) Q2 Earnings Expected to Decline
ZACKS· 2025-07-30 15:07
Core Viewpoint - The market anticipates a year-over-year decline in Parsons' earnings due to lower revenues, with actual results being crucial for stock price movement [1][2]. Earnings Expectations - Parsons is expected to report quarterly earnings of $0.74 per share, reflecting an 11.9% decrease year-over-year, with revenues projected at $1.61 billion, down 3.9% from the previous year [3]. - The consensus EPS estimate has been revised down by 6.62% over the last 30 days, indicating a reassessment by analysts [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model shows a positive Earnings ESP of +2.49% for Parsons, suggesting analysts have recently become more optimistic about the company's earnings prospects [12]. - However, Parsons currently holds a Zacks Rank of 5, complicating predictions of an earnings beat [12]. Historical Performance - In the last reported quarter, Parsons exceeded the expected earnings of $0.74 per share by delivering $0.78, resulting in a surprise of +5.41% [13]. - Over the past four quarters, Parsons has beaten consensus EPS estimates three times [14]. Market Reaction Considerations - An earnings beat or miss alone may not dictate stock price movement, as other factors can influence investor sentiment [15]. - While betting on stocks expected to beat earnings can increase success odds, it is essential to consider other influencing factors [16][17].
Parsons (PSN) Beats Q1 Earnings Estimates
ZACKS· 2025-04-30 12:46
Core Viewpoint - Parsons (PSN) reported quarterly earnings of $0.78 per share, exceeding the Zacks Consensus Estimate of $0.74 per share, and showing an increase from $0.70 per share a year ago, indicating a 5.41% earnings surprise [1] Financial Performance - The company posted revenues of $1.55 billion for the quarter ended March 2025, which was 3.45% below the Zacks Consensus Estimate, and slightly up from $1.54 billion year-over-year [2] - Over the last four quarters, Parsons has surpassed consensus EPS estimates three times and topped consensus revenue estimates two times [2] Stock Performance - Parsons shares have declined approximately 25.6% since the beginning of the year, compared to a 5.5% decline in the S&P 500 [3] - The current Zacks Rank for Parsons is 4 (Sell), indicating expectations of underperformance in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.88 on revenues of $1.76 billion, and for the current fiscal year, it is $3.62 on revenues of $7.16 billion [7] - The trend of estimate revisions for Parsons has been unfavorable ahead of the earnings release [6] Industry Context - The Technology Services industry, to which Parsons belongs, is currently in the top 25% of over 250 Zacks industries, suggesting a favorable outlook compared to the bottom 50% [8]