CHANTILLY, Va. (AP) — CHANTILLY, Va. (AP) — Parsons Corp. (PSN) on Wednesday reported second-quarter earnings of $55.2 million.
The Chantilly, Virginia-based company said it had profit of 50 cents per share. Earnings, adjusted for one-time gains and costs, were 78 cents per share.
The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 74 cents per share.
The software and infrastructure services provider posted revenue of $1.58 billion in the period, which fell short of Street forecasts. Five analysts surveyed by Zacks expected $1.61 billion.
Parsons expects full-year revenue in the range of $6.48 billion to $6.68 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PSN at https://www.zacks.com/ap/PSN
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