Parsons Corp (NYSE:PSN) reported its Q1 earnings results on Wednesday, May 4, 2022 at 06:30 AM.
Here's what investors need to know about the announcement.
Earnings
Parsons Corp beat estimated earnings by 8.11%, reporting an EPS of $0.4 versus an estimate of $0.37.
Revenue was up $74.37 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.02 which was followed by a 8.09% increase in the share price the next day.
Here's a look at Parsons Corp's past performance:
| Quarter | Q4 2022 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.53 | 0.48 | 0.51 | 0.15 |
| EPS Actual | 0.55 | 0.44 | 0.32 | 0.34 |
| Revenue Estimate | 944.48M | 959.00M | 984.97M | 902.68M |
| Revenue Actual | 950.67M | 956.05M | 879.36M | 874.70M |
To track all earnings releases for Parsons Corp visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
