Stock Track | Parsons Corp Plunges 5.95% in Pre-market After Q2 Earnings Miss and Weak Guidance

Stock Track

Jul 29

Parsons Corp (PSN) shares tumbled 5.95% in pre-market trading on Wednesday, as investors reacted to the company's disappointing second-quarter 2026 results and a downbeat fiscal year outlook.

The company reported Q2 revenue of $1,600 million, falling short of the IBES estimate of $1,617 million. More notably, adjusted earnings per share came in at a loss of $0.06, a significant miss compared to the consensus estimate of $0.76. The bottom-line miss was a key driver of the negative sentiment surrounding the stock.

Adding to the pressure, Parsons issued full-year revenue guidance of $6,200 million to $6,500 million, well below the IBES estimate of $6,659 million. The company also provided a cash flow from operating activities outlook of $430 million to $490 million. The combination of a quarterly earnings miss and a softer-than-expected annual forecast fueled the pre-market sell-off in the engineering and infrastructure services firm.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://www.etasphere.com/news/1103912963"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1103912963\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1103912963?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-07-29 18:34","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1103912963","market":"us","top_or_hot":-1,"title":"Stock Track | Parsons Corp Plunges 5.95% in Pre-market After Q2 Earnings Miss and Weak Guidance","media":"Stock Track","content":"<p>Parsons Corp (PSN) shares tumbled 5.95% in pre-market trading on Wednesday, as investors reacted to the company's disappointing second-quarter 2026 results and a downbeat fiscal year outlook.</p><p>The company reported Q2 revenue of $1,600 million, falling short of the IBES estimate of $1,617 million. More notably, adjusted earnings per share came in at a loss of $0.06, a significant miss compared to the consensus estimate of $0.76. The bottom-line miss was a key driver of the negative sentiment surrounding the stock.</p><p>Adding to the pressure, Parsons issued full-year revenue guidance of $6,200 million to $6,500 million, well below the IBES estimate of $6,659 million. The company also provided a cash flow from operating activities outlook of $430 million to $490 million. The combination of a quarterly earnings miss and a softer-than-expected annual forecast fueled the pre-market sell-off in the engineering and infrastructure services firm.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | Parsons Corp Plunges 5.95% in Pre-market After Q2 Earnings Miss and Weak Guidance</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | Parsons Corp Plunges 5.95% in Pre-market After Q2 Earnings Miss and Weak Guidance\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2026-07-29 18:34</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Parsons Corp (PSN) shares tumbled 5.95% in pre-market trading on Wednesday, as investors reacted to the company's disappointing second-quarter 2026 results and a downbeat fiscal year outlook.</p><p>The company reported Q2 revenue of $1,600 million, falling short of the IBES estimate of $1,617 million. More notably, adjusted earnings per share came in at a loss of $0.06, a significant miss compared to the consensus estimate of $0.76. The bottom-line miss was a key driver of the negative sentiment surrounding the stock.</p><p>Adding to the pressure, Parsons issued full-year revenue guidance of $6,200 million to $6,500 million, well below the IBES estimate of $6,659 million. The company also provided a cash flow from operating activities outlook of $430 million to $490 million. The combination of a quarterly earnings miss and a softer-than-expected annual forecast fueled the pre-market sell-off in the engineering and infrastructure services firm.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PSN","symbol_name":"Parsons Corp","start_time":0,"source_url":"","article_id":"1103912963","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1103912963","pubTimestamp":1785321261,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Parsons Corp (PSN) shares tumbled 5.95% in pre-market trading on Wednesday, as investors reacted to the company's disappointing second-quarter 2026 results and a downbeat fiscal year outlook.The...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"PSN":"Parsons Corp"},"translate_title":"股票跟踪 | 第二季度盈利未达预期且指引疲软后，帕森斯公司盘前暴跌 5.95%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PSN":1},"content_text":"Parsons Corp (PSN) shares tumbled 5.95% in pre-market trading on Wednesday, as investors reacted to the company's disappointing second-quarter 2026 results and a downbeat fiscal year outlook.The company reported Q2 revenue of $1,600 million, falling short of the IBES estimate of $1,617 million. More notably, adjusted earnings per share came in at a loss of $0.06, a significant miss compared to the consensus estimate of $0.76. The bottom-line miss was a key driver of the negative sentiment surrounding the stock.Adding to the pressure, Parsons issued full-year revenue guidance of $6,200 million to $6,500 million, well below the IBES estimate of $6,659 million. The company also provided a cash flow from operating activities outlook of $430 million to $490 million. The combination of a quarterly earnings miss and a softer-than-expected annual forecast fueled the pre-market sell-off in the engineering and infrastructure services firm.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"-1","news_tag":"movement","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}