Benzinga | Aug 5, 2020 06:49AM EDT

Parsons Corp Q2 EPS $0.49 Beats $0.29 Estimate, Sales $979.46M Miss $990.42M Estimate

Parsons Corp (NYSE:PSN) reported quarterly earnings of $0.49 per share which beat the analyst consensus estimate of $0.29 by 68.97 percent. This is a 13.95 percent increase over earnings of $0.43 per share from the same period last year. The company reported quarterly sales of $979.46 million which missed the analyst consensus estimate of $990.42 million by 1.11 percent. This is a 1.04 percent decrease over sales of $989.74 million the same period last year.