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Parsons Corporation (PSN) Q1 2026 Earnings Call Transcript
SA Transcripts · 2026-04-30 · via All Articles on Seeking Alpha

Q1: 2026-04-29 Earnings Summary

EPS of $0.79 beats by $0.11

 | 

Revenue of

$1.49B

(-4.06% Y/Y)

misses by $9.24M

Parsons Corporation (PSN) Q1 2026 Earnings Call April 29, 2026 8:00 AM EDT

Company Participants

David Spille - Senior Vice President of Investor Relations
Carey Smith - President, CEO & Chairwoman
Matt Ofilos - Chief Financial Officer

Conference Call Participants

Sangita Jain - KeyBanc Capital Markets Inc., Research Division
Sheila Kahyaoglu - Jefferies LLC, Research Division
John Godyn - Citigroup Inc., Research Division
Andrew J. Wittmann - Robert W. Baird & Co. Incorporated, Research Division
Gavin Parsons - UBS Investment Bank, Research Division
Gautam Khanna - TD Cowen, Research Division
Jonathan Siegmann - Stifel, Nicolaus & Company, Incorporated, Research Division
Tobey Sommer - Truist Securities, Inc., Research Division
Mariana Perez Mora - BofA Securities, Research Division
Louie Dipalma - William Blair & Company L.L.C., Research Division
Noah Poponak - Goldman Sachs Group, Inc., Research Division

Presentation

Operator

Thank you for standing by, and welcome to Parsons Corporation's First Quarter 2026 Earnings Conference Call.

[Operator Instructions] As a reminder, today's program is being recorded. And now I'd like to introduce your host for today's program, David Spille, Vice President, Investor Relations. Please go ahead, sir.

David Spille
Senior Vice President of Investor Relations

Good morning, and thank you for joining us today to discuss our first quarter 2026 financial results. Please note that we provided presentation slides on the Investor Relations section of our website.

On the call with me today are Carey Smith, Chair, President and CEO; and Matt Ofilos, CFO. Today, Carey will discuss our corporate strategy and operational highlights, and then Matt will provide an overview of our first quarter financial results as well as a review of our 2026 guidance. We then will close with a question-and-answer session.

Management may also make forward-looking statements during the call regarding future events, anticipated future trends and the anticipated future performance of the company. We caution you that such statements are not