Parsons (PSN) Q3 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- $0.89
- Estimate
- $0.78
- Surprise
- +13.5%
- Revenue (period 2026-09-30)
- $1.65B
- Score today
- 5.6/10
Revenue source: xbrl.
How the report landed
Parsons (PSN) beat the $0.78 estimate with adjusted EPS of $0.89 — a large 13.5% upside surprise.
Coverage in the report window
- Parsons Corporation Announces Chief Financial Officer Transition — fiscal.ai, 2026-10-28
- Parsons Appoints George Ball As Interim CFO, Replacing Matt Ofilos, Who Will Step Down Effective November 6 — benzinga, 2026-10-28
Where TrendMatrix's rating stands now
TrendMatrix currently rates PSN Sell at 5.6/10; no pre/post engine snapshot brackets this report.
3 of the last 4 quarters beat the estimate; this quarter's +13.5% surprise compares with a +9.5% four-quarter average.
What argues against it
- Concentration risk — Customer: U.S. federal government
- Target reached (0.5% upside)
- Quality below floor (3.9 < 4.0)
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $50.52
- Price target
- $50.78
- Stop
- $46.98
- Upside to target
- +0.5%
- Reward-to-risk
- 0.0:1
The stock trades at 37.1× trailing but 14.9× forward earnings — consensus estimates already build in a substantial earnings recovery.
Risk check: RSI 80 — a level conventionally read as overbought; gains at these levels often lean on momentum; trading volume is running 1.6× its average — elevated turnover around the report window.
Model outputs from TrendMatrix’s engine as of 2026-10-29 — shown for context, not personalized investment advice.
PSN at TrendMatrix's latest read
Technology names get repriced on forward expectations more than trailing prints — a quarter here is read through next-year growth and multiple, not the EPS line alone.
- Industry
- Information Technology Services
- Market cap
- $5.40B
- P/E (fwd)
- 14.9
- P/E (ttm)
- 37.1
- 52-week range
- $36.26–$88.00
- Off 52-week high
- 42.6%
- RSI (14)
- 80
- Volume vs avg
- 1.63×
- Score today
- 5.6/10