Parsons Corporation: Impressive Recent Performance Means Lucrative Future [Seeking Alpha]
Parsons Corporation (PSN)
Last parsons corporation earnings: 3/10 06:30 am
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Company Research
Source: Seeking Alpha
Recent growth reflects M&A and growing tailwinds. We expect infrastructure spending, technological modernization, and cybersecurity to drive growth in the coming years, with scope for HSD/LDD growth inclusive of M&A. PSN's margin development has been slow, but FCF has moved proportionately, creating the potential for growing distributions in the coming years. PSN is outgrowing its peers, illustrating its market share growth. The company does lag noticeably behind in margins, however. The company's recent share price run has eliminated any near-term upside, now requiring management to continue to outperform. Company Description and Thesis Parsons Corporation ( NYSE: PSN ) is a leading technology-driven engineering services firm that provides solutions to various sectors, including defense, intelligence, infrastructure, and cybersecurity. The company offers a wide range of services, including engineering, construction, cybersecurity, and intelligence analysis, to both govern
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Impact Snapshot
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PSN
News
- Ahead of Parsons (PSN) Q1 Earnings: Get Ready With Wall Street Estimates for Key Metrics [Yahoo! Finance]Yahoo! Finance
- Parsons Wins Position on $464M U.S. Army Remediation ContractGlobeNewswire
- Parsons Increasing Production of U.S. Air Force's RADBO System [Yahoo! Finance]Yahoo! Finance
- Parsons Increasing Production of U.S. Air Force’s RADBO SystemGlobeNewswire
- Can Parsons (PSN) Keep the Earnings Surprise Streak Alive? [Yahoo! Finance]Yahoo! Finance
PSN
Earnings
- 2/14/24 - Beat
PSN
Sec Filings
- 4/22/24 - Form 8-K
- 4/18/24 - Form 4
- 4/18/24 - Form 4
- PSN's page on the SEC website