Parsons (PSN) Projected to Post Earnings on Wednesday

Parsons (NYSE:PSN) will likely be posting its Q1 2026 results before the market opens on Wednesday, April 29th. Analysts expect Parsons to post earnings of $0.70 per share and revenue of $1.5072 billion for the quarter. Individuals may visit the the company’s upcoming Q1 2026 earning results page for the latest details on the call scheduled for Wednesday, April 29, 2026 at 8:00 AM ET.

Parsons (NYSE:PSN) last announced its earnings results on Wednesday, February 11th. The company reported $0.75 EPS for the quarter, missing analysts’ consensus estimates of $0.81 by ($0.06). Parsons had a net margin of 3.79% and a return on equity of 11.81%. The business had revenue of $1.60 billion for the quarter, compared to the consensus estimate of $1.68 billion. During the same quarter last year, the firm posted $0.78 EPS. The business’s quarterly revenue was down 7.5% 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 Performance

Shares of PSN stock opened at $53.40 on Monday. Parsons has a 12 month low of $49.38 and a 12 month high of $89.50. The stock has a market cap of $5.65 billion, a PE ratio of 24.27, a price-to-earnings-growth ratio of 1.67 and a beta of 0.73. The company has a current ratio of 1.75, a quick ratio of 1.75 and a debt-to-equity ratio of 0.45. The company’s fifty day moving average price is $57.93 and its 200-day moving average price is $68.49.

Wall Street Analyst Weigh In

PSN has been the topic of a number of analyst reports. Robert W. Baird reiterated a “neutral” rating and issued a $60.00 price target on shares of Parsons in a research note on Monday, April 13th. Weiss Ratings reiterated a “hold (c)” rating on shares of Parsons in a research note on Friday, March 27th. Truist Financial dropped their price target on shares of Parsons from $85.00 to $75.00 and set a “buy” rating on the stock in a research note on Monday, April 20th. KeyCorp cut shares of Parsons from an “overweight” rating to a “sector weight” rating in a research note on Tuesday, April 14th. Finally, Jefferies Financial Group reiterated a “hold” rating on shares of Parsons in a research note on Thursday, January 15th. Nine equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $78.58.

Hedge Funds Weigh In On Parsons

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Sivia Capital Partners LLC bought a new position in Parsons during the 2nd quarter valued at about $228,000. Aureus Asset Management LLC bought a new position in Parsons during the 4th quarter valued at about $247,000. Federation des caisses Desjardins du Quebec lifted its stake in Parsons by 18.0% during the 4th quarter. Federation des caisses Desjardins du Quebec now owns 3,701 shares of the company’s stock valued at $229,000 after acquiring an additional 565 shares during the period. Diversify Advisory Services LLC bought a new position in Parsons during the 3rd quarter valued at about $217,000. Finally, Cresset Asset Management LLC bought a new position in Parsons during the 3rd quarter valued at about $211,000. Institutional investors own 98.02% of the company’s stock.

Parsons Company Profile

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.