Parsons ($PSN) Shares Plunge by 12.9% Pre-market Following Q2 Earnings Release

Parsons (PSN) saw a significant pre-market dip of 12.99% on Wednesday 6th August 2025, with shares now valued at $67.00, as opposed to the previous closing price of $77.00. This drastic movement was triggered by the company’s Q2 2025 earnings release.

While earnings per share beat estimates at $0.78, they are down by approximately 7.14% from $0.84 per share reported in the same period last year. Revenue for the quarter was reported at $1.58 billion, a decrease of roughly 5.4% from $1.67 billion last year and below the estimated $1.61 billion.

For FY 2025, Parsons revised its revenue outlook downwards from the previously projected $7.00 billion-$7.50 billion to a range of $6.48 billion-$6.68 billion, less than the consensus estimate of $6.62 billion.