Parsons Corporation (PSN) Tops Q1 EPS by 9c, provides guidance

Parsons Corporation (NYSE: PSN) reported Q1 EPS of $0.70, $0.09 better than the analyst estimate of $0.61. Revenue for the quarter came in at $1.54 billion versus the consensus estimate of $1.36 billion.

GUIDANCE:

Parsons Corporation sees FY2024 revenue of $6.1-6.4 billion, versus the consensus of $5.96 billion. Adjusted EBITDA including non-controlling interest$535 million - $575 million.
Cash Flow from Operating Activities$380 million - $440 million

For earnings history and earnings-related data on Parsons Corporation (PSN) click here.

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