Investing.com - Parsons Corp reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Parsons Corp announced earnings per share of $0.48 on revenue of $1.13B. Analysts polled by Investing.com EPS of $0.50 on revenue of $1.05B.
Parsons Corp 's are down 44% and is trading at $46.64 , still down 1.58% from its 52 week high of $47.39 set on Tuesday, November 1, 2022.
Parsons Corp follows other major Industrials sector earnings this month
Parsons Corp's report follows an earnings beat by United Parcel Service on Tuesday, October 25, 2022, who reported EPS of $2.99 on revenue of $24.2B, EPS of $2.86 on revenue of $24.4B.
Raytheon Technologies had beat expectations on Tuesday, October 25, 2022 with third quarter EPS of $1.21 on revenue of $17B, for EPS of $1.14 on revenue of $17.31B.
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