Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Parsons (NYSE:PSN) and the best and worst performers in the defense contractors industry.
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What a brutal six months it’s been for Parsons. The stock has dropped 28.9% and now trades at $68, rattling many shareholders. This might have investors contemplating their next move.
Whether you see them or not, industrials businesses play a crucial part in our daily activities. Still, their generally high capital requirements expose them to the ups and downs of economic cycles, and the market seems to be baking in a prolonged downturn
as the industry has shed 12.1% over the past six months. This performance was worse than the S&P 500’s 2.4% fall.
Trump announced economic deals worth over $243.5 billion between the two countries, including a historic sale of Boeing aircraft and GE Aerospace engines to Qatar Airways.
Infrastructure and defense services provider Parsons (NYSE:PSN) missed Wall Street’s revenue expectations in Q1 CY2025 as sales only rose 1.2% year on year to $1.55 billion. On the other hand, the company’s full-year revenue guidance of $7.25 billion at the midpoint came in 1.3% above analysts’ estimates. Its non-GAAP profit of $0.78 per share was 5.1% above analysts’ consensus estimates.
Stability is great, but low-volatility stocks may struggle to deliver market-beating returns over time as they sometimes underperform during bull markets.
Infrastructure and defense services provider Parsons (NYSE:PSN) missed Wall Street’s revenue expectations in Q1 CY2025 as sales only rose 1.2% year on year to $1.55 billion. On the other hand, the company’s full-year revenue guidance of $7.25 billion at the midpoint came in 1.3% above analysts’ estimates. Its non-GAAP profit of $0.78 per share was 5.1% above analysts’ consensus estimates.
Infrastructure and defense services provider Parsons (NYSE:PSN) will be announcing earnings results tomorrow before market open. Here’s what to look for.
Shareholders of Parsons would probably like to forget the past six months even happened. The stock dropped 40.8% and now trades at $63.98. This was partly due to its softer quarterly results and might have investors contemplating their next move.
Parsons Corp (NYSE: PSN) gains from $1.5B US Air Force contract for environmental services. Also awarded $24M contract for Naval Medical Research Command's biological defense mission.
Looking back on defense contractors stocks’ Q4 earnings, we examine this quarter’s best and worst performers, including Parsons (NYSE:PSN) and its peers.
