Parsons Delivers Strong First Quarter 2019 Results; Reports Robust Bookings and Backlog Growth; and Bolsters Federal Solutions Business with OGSystems Acquisition

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Parsons Corporation (PSN) Tops Q1 EPS by 44c, Revenues Beat

June 18, 2019 6:41 AM EDT

Parsons Corporation (NYSE: PSN) reported Q1 EPS of $0.57, $0.44 better than the analyst estimate of $0.13. Revenue for the quarter came in at $904.41 million versus the consensus estimate of $884.08 million.

"We reported strong first quarter revenue, profitability and bookings," said Chuck Harrington, Chairman, CEO and... More