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Compared to Estimates, Parsons (PSN) Q4 Earnings: A Look at Key Metrics
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Parsons (PSN - Free Report) reported $1.73 billion in revenue for the quarter ended December 2024, representing a year-over-year increase of 16.1%. EPS of $0.78 for the same period compares to $0.69 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $1.74 billion, representing a surprise of -0.51%. The company delivered an EPS surprise of -15.22%, with the consensus EPS estimate being $0.92.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Parsons performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Revenue- Critical Infrastructure: $730.99 million versus $712.06 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +12.3% change.
Revenue- Federal Solutions: $1 billion versus the three-analyst average estimate of $1.04 billion. The reported number represents a year-over-year change of +19%.
Adjusted EBITDA- Critical Infrastructure: $46.66 million compared to the $57.40 million average estimate based on two analysts.
Adjusted EBITDA- Federal Solutions: $99.96 million compared to the $99.60 million average estimate based on two analysts.
Shares of Parsons have returned -23.8% over the past month versus the Zacks S&P 500 composite's +4.7% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
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Compared to Estimates, Parsons (PSN) Q4 Earnings: A Look at Key Metrics
Parsons (PSN - Free Report) reported $1.73 billion in revenue for the quarter ended December 2024, representing a year-over-year increase of 16.1%. EPS of $0.78 for the same period compares to $0.69 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $1.74 billion, representing a surprise of -0.51%. The company delivered an EPS surprise of -15.22%, with the consensus EPS estimate being $0.92.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Parsons performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Revenue- Critical Infrastructure: $730.99 million versus $712.06 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +12.3% change.
- Revenue- Federal Solutions: $1 billion versus the three-analyst average estimate of $1.04 billion. The reported number represents a year-over-year change of +19%.
- Adjusted EBITDA- Critical Infrastructure: $46.66 million compared to the $57.40 million average estimate based on two analysts.
- Adjusted EBITDA- Federal Solutions: $99.96 million compared to the $99.60 million average estimate based on two analysts.
View all Key Company Metrics for Parsons here>>>Shares of Parsons have returned -23.8% over the past month versus the Zacks S&P 500 composite's +4.7% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.