The third quarter financial results of Parsons Corporation (NYSE: PSN) will be unveiled on Wednesday 30th October 2024. This eagerly awaited announcement is scheduled to occur before market open.
the organization is projected to announce an estimated per share $0.80 profit for the quarter, as predicted by financial analysts on Wall Street. Moreover, the company is expected to disclose a total revenue of $1.64 billion for this period.
The company's full-year performance projections, as provided by Wall Street analysts, suggest a total revenue of $6.53 billion. Further, they expect the earnings per share to achieve profit of $3.2 for the fiscal year.
In the corresponding quarter of the previous year, the company's earnings report revealed a per-share income of $0.69. This significant amount was attributed to the company's remarkable total revenue of $1.42 billion generated during that specific period.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.84 | +33.3% | 1.67 B | +23.2% |
| Q1 2024 | $0.70 | +62.8% | 1.54 B | +30.9% |
| Q4 2023 | $0.69 | +25.5% | 1.49 B | +57.2% |
| Q3 2023 | $0.69 | +43.8% | 1.42 B | +25.1% |
| Q2 2023 | $0.63 | +53.7% | 1.36 B | +34.4% |
| *Growth on year-over-year basis | ||||
PSN will host a conference call with investment community on 30th October 2024 at 08:00 AM eastern time to discuss the financial results.
Throughout Monday's trading, Parsons Corporation (PSN) shares fluctuated between $104.21 and $105.12, with a trading volume of 673.70 thousand shares. The stock ended the regular trading session at $104.69, demonstrating a rise of 0.46 percent.
