Summary
Parsons Q2 Earnings Call Highlights
Parsons NYSE: PSN reported second-quarter 2026 results that management characterized as strong in its core operations, while portfolio exits and a weather-related joint-venture charge affected reported profitability and prompted a reduction in full-year guidance.
Parsons Corporation (PSN) Q2 2026 Earnings Call Transcript
Parsons Corporation (PSN) Q2 2026 Earnings Call Transcript
Parsons (PSN) Reports Q2 Loss, Lags Revenue Estimates
Parsons (PSN) came out with a quarterly loss of $0.06 per share versus the Zacks Consensus Estimate of $0.74. This compares to earnings of $0.78 per share a year ago.
Parsons Corporation Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| BZ Brandon Zatopek Commonwealth Equity Services LLC | 81,363 | $4.26M | $3.87M | -$393,799.35 | -9.24% |
| ABB Alexander Bjornager Bonde Danske Bank A/S | 1,111 | $63,913.66 | $52,794.72 | -$11,118.94 | -17.4% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 3,185 | $170,429.27 | $153,676.25 | -$16,753.02 | -9.83% |
| SN Stephanie Nee HARBOR CAPITAL ADVISORS Inc. | 46,316 | $2.48M | $2.2M | -$278,884.86 | -11.24% |
| BR Bill Reuther SILVER OAK SECURITIES Inc.ORPORATED | 56 | $2,962.32 | $2,662.8 | -$299.52 | -10.11% |
Parsons Corporation Analysts
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
 Andrew Wittmann Baird | 3,578.05 | $175,574.82 | $175,574.82 | - | - |
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Parsons Corporation Profile
| Machinery Industry | Industrials Sector | Carey A. Smith CEO | NYSE Exchange | 70202L102 CUSIP |
| US Country | 21,000 Employees | - Last Dividend | - Last Split | 8 May 2019 IPO Date |
Overview
Parsons Corporation stands as a pivotal provider of integrated solutions and services within the defense, intelligence, and critical infrastructure sectors across North America, the Middle East, and other global locations. The company’s operations are streamlined into two main segments: Federal Solutions and Critical Infrastructure. Parsons Corporation, founded in 1944, has its headquarters in Chantilly, Virginia, and is committed to delivering advanced technological, engineering, and management solutions to a variety of crucial projects and challenges.
Products and Services
Federal Solutions: This segment encompasses a wide array of critical technologies and services aimed at enhancing national security and defense capabilities. Services provided include:
- Cybersecurity: Protecting digital infrastructures from cyber threats and attacks.
- Missile Defense: Developing systems and technologies to detect and intercept incoming threats.
- Intelligence Support: Offering intelligence analysis and operational support for strategic decision-making.
- Space Launch and Ground Systems: Engineering services for the launch and operational support of space missions.
- Space and Weapon System Resiliency: Ensuring that space and weapon systems are durable and can withstand adversarial conditions.
- Geospatial Intelligence: Providing insights and solutions using Earth observation and mapping technologies.
- Signals Intelligence: The collection and analysis of signal intelligence to support defense and intelligence operations.
- Environmental Remediation: Addressing environmental challenges and cleaning up contamination.
- Border Security and Critical Infrastructure Protection: Solutions to secure borders and protect vital infrastructure.
- Counter Unmanned Air Systems: Technologies and strategies to counteract unauthorized drone activities.
- Biometrics and Bio Surveillance: Advanced biometric identification and biological threat monitoring solutions.
Critical Infrastructure: In this segment, Parsons Corporation provides comprehensive management, design, and engineering services across a variety of infrastructure projects. Key offerings include:
- Digital Solutions for Next Generation Aviation, Rail, and Transit: Employing digital technologies to enhance transportation systems.
- Bridges, Roads, and Highways Engineering: Design and construction services for major transportation networks.
- Water and Wastewater Treatment Systems: Solutions for the treatment and management of water resources.
- AI/ML and Digital Twin Cyber Systems Integration: Integrating artificial intelligence and digital twin technologies for advanced system analysis and cyber protection.
- Infrastructure Planning and Engineering: Services for the development and maintenance of bridges, tunnels, roads, highways, water systems, and dams.
