Parsons Stock Dips 0.9% to $65.45 as EPS Estimates Fall 7.1%
Parsons shares fell 0.9% to $65.45, extending a 3.6% decline over the past month. Consensus EPS for the upcoming quarter was cut 7.1% over the last 30 days to $0.70, 10.3% below the year-ago period, and the stock carries a sell rating.
1. Share Price Performance
Parsons shares fell 0.9% to $65.45 in the latest session, extending a 3.6% decline over the past month.
2. EPS Estimate Revisions
The consensus EPS estimate for the upcoming quarter was cut by 7.1% over the last 30 days to $0.70 per share, 10.3% below the year-ago period.
3. Sell Rating
The stock carries a sell rating, reflecting investor caution over the recent EPS estimate cut.
Related News
ADI
Analog Devices Reports $3.62B Q2 Revenue, 90% Data Center Growth
ADI•
UXIN
Uxin to Launch 5,000-Vehicle Chongqing Superstore in 2026 Expansion Drive
UXIN•
NVDA
Nvidia Q2 Profit Jumps 200% with Revenue Up 85%
NVDA•
GOOGL
Google and Blackstone Form $5B AI Cloud JV for 500MW Capacity by 2027
GOOGL•
NVDA
Nvidia posts $81.6bn Q1 revenue, raises dividend 25-fold and authorizes $80bn buyback
NVDA•
Sources
F