PSN Stock Recent News

Parsons (PSN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

LOS ANGELES--(BUSINESS WIRE)-- #newaward--Tutor Perini Corporation (NYSE: TPC), a leading civil, building and specialty construction company, announced today that Elevate Inglewood Partners (“EIP”), a public-private partnership consortium comprised of Plenary Americas US Holdings, Inc. (equity member), Tutor Perini Corporation (lead contractor), Parsons Corporation (NYSE: PSN) (lead designer), Woojin Industrial Systems Co., Ltd. (automated transit system operator and supplier) and Alternate Concepts, Inc.

If you missed out on major AI stocks like Nvidia (NASDAQ: NVDA ) and Palantir (NYSE: PLTR ) this year, don't worry. There are still plenty of opportunities in the AI sector, particularly among smaller companies that have yet to catch the market's attention.

Investors interested in Technology Services stocks are likely familiar with Parsons (PSN) and Veralto (VLTO). But which of these two stocks presents investors with the better value opportunity right now?

Parsons (PSN) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Finding stocks expected to beat quarterly earnings estimates becomes an easier task with our Zacks Earnings ESP.

CHANTILLY, Va., July 08, 2024 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) will release second quarter 2024 financial results before the markets open on Wednesday, July 31, 2024. The company will host a conference call at 8:00 a.m. Eastern Time that day to discuss its earnings results and strategic corporate initiatives.

AI's general hype is beginning to wane as many GPT-wrapped “startups” grapple with rising operational costs and struggle to find a viable market. Investors are also becoming more discerning, recognizing that some companies are merely slapping “AI” labels on unrelated products to ride the trend — even as little-known AI stocks continue growing behind the scenes.

Palantir just disappeared from this screen while Nvidia returned triumphant. But fellow AI stock Parsons never went away.

CHANTILLY, Va., June 26, 2024 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company was selected by the City of Manchester, New Hampshire, to help deliver the new Cemetery Brook Drain Tunnel Project, the city's largest public works project to date.