07:04 AM EDT, 04/29/2026 (MT Newswires) -- Parsons (PSN) reported Q1 adjusted earnings Wednesday of $0.79 per diluted share, up from $0.78 a year earlier.

Analysts surveyed by FactSet expected $0.68.

Revenue for the quarter ended March 31 was $1.49 billion, down from $1.55 billion a year earlier.

Analysts polled by FactSet expected $1.50 billion.

For 2026, Parsons said it continues to expect revenue in the range of $6.5 billion to $6.8 billion. Analysts surveyed by FactSet expect $6.65 billion.

Shares of the company were up 3.2% in Wednesday premarket activity.