07:18 AM EDT, 08/06/2025 (MT Newswires) -- Parsons (PSN) reported Q2 adjusted earnings Wednesday of $0.78 per diluted share, down from $0.84 a year earlier.

Analysts polled by FactSet expected $0.73.

Revenue for the quarter ended June 30 was $1.58 billion, compared with $1.67 billion a year earlier.

Analysts surveyed by FactSet expected $1.59 billion.

For fiscal 2025, the company projects revenue of between $6.48 billion and $6.68 billion, compared with prior guidance of $6.45 billion to $6.65 billion. Analysts polled by FactSet expect $6.55 billion.

Shares of the company fell more than 6% in recent premarket activity Wednesday.

Price: 72.00, Change: -5.03, Percent Change: -6.53