BUZZ-Parsons slips after fourth-quarter results miss estimates
ReutersFeb 19, 2025 12:29 PM
Shares of cybersecurity firm Parsons Corp PSN.N down 8.8% at $67 premarket
Co reports Q4 adjusted EPS of 78 cents, compared with average analyst estimate of 91 cents, according to data compiled by LSEG
Q4 revenue $1.73 bln vs. estimates of $1.76 bln
Co forecasts FY25 revenue in the range of $7.0 bln to $7.5 bln vs. estimates of $7.4 bln
Ten of eleven brokerages rate the stock "buy" or higher, one "hold"; their median PT is $110 - LSEG
PSN stock had fallen 20.3% YTD
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