Parsons Earns Zacks Rank #5 Strong Sell After Earnings Miss
Parsons was assigned a Zacks Rank #5 (Strong Sell) after it missed its consensus earnings estimate and received a Value Style Score of C alongside a Growth Style Score of B. The company delivers engineering services and software for defense, intelligence and critical infrastructure markets.
1. Bear of the Day Designation
The stock was designated Bear of the Day with a Zacks Rank #5 (Strong Sell) following a miss on the consensus earnings estimate. It carries a Value Style Score of C and a Growth Style Score of B, reflecting underperformance in defense and critical infrastructure segments. Parsons provides technical engineering services and software solutions for defense, intelligence and critical infrastructure markets.