This software and infrastructure services provider has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 11.21%. For Parsons, estimates have been trending higher, thanks in part to this earnings surprise history. And when you look at the stock's positive Zacks Earnings ESP (Expected Surprise Prediction), it's a great indicator of a future earnings beat, especially when combined with its solid Zacks Rank. ...

Media Investor Relations Bernadette Miller Dave Spille Parsons Corporation Parsons Corporation +1 980.253.9781 +1 703.775.6191 Bernadette.Miller@parsons.com Dave.Spille@Parsons.com Parsons (NYSE: PSN) is a leading disruptive technology provider in the national security and global infrastructure markets, with capabilities across cyber and intelligence, space and missile defense, transportation, environmental remediation, urban development, and critical infrastructure protection. Please visit Parsons.com and ...

Media Investor Relations Bernadette Miller Dave Spille Parsons Corporation Parsons Corporation +1 980.253.9781 +1 703.775.6191 Bernadette.Miller@parsons.com Dave.Spille@Parsons.com Access to a webcast of the live conference call can be obtained through the Investor Relations section of the company's website (https://investors.parsons.com). Those parties interested in participating via telephone may register on the Investor Relations website or by clicking here. A replay will be available on the company's we ...

Additionally, the construction of new data centers is lagging behind the rapid growth in AI demand. This means that existing GPU facilities, like those owned by Riot, could soon be highly sought after. In the meantime, investors can appreciate Riot's dual exposure to the crypto market, which saw a 40% surge in Bitcoin over the past six months, and its potential future in AI energy solutions. Riot Platforms (RIOT) Riot established a revenue stream by selling unused energy back to local municipalities and uti ...

The Cemetery Brook Drain Tunnel is the centerpiece of Phase II in Manchester's more than $338 million investment to address CSOs and improve Merrimack River water quality. The new drainage system will include a two-mile long, 12-foot inside diameter tunnel, constructed 30 to 80 feet below ground with seven drop shafts along its length to receive flows. The city will also leverage the project to upgrade utilities, rebuild roads, add curbing, sidewalks, crosswalks, bike lanes, and other amenities. About Parso ...

CHANTILLY, Va., June 26, 2024 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company was selected by the City of Manchester, New Hampshire, to help deliver the new Cemetery Brook Drain Tunnel Project, the city's largest public works project to date. The three-year, $16 million contract includes program and construction management (PM/CM) services for the project, designed to help mitigate the risk of flooding in the city, eradicate combined sewer overflow (CSO) discharges into ...

"At Parsons, we believe in harnessing the power of technology to solve real-world problems," said Jason Yaley, Parsons' Chief Communications Officer. "Through our partnership with Technovation we are investing not just in technology, but in tomorrow's leaders. Together we are shaping an innovative and inclusive future for the tech industry and imagining what's next in tech solutions that advance our global community." "Parsons' emphasis on technological innovation and problem-solving aligns perfectly with o ...

"At Parsons, we believe in harnessing the power of technology to solve real-world problems," said Jason Yaley, Parsons' Chief Communications Officer. "Through our partnership with Technovation we are investing not just in technology, but in tomorrow's leaders. Together we are shaping an innovative and inclusive future for the tech industry and imagining what's next in tech solutions that advance our global community." Since 1944, Parsons has actively engaged in the communities where it operates, emphasizing ...

CHANTILLY, Va., June 18, 2024 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) and the Niagara International Transportation Technology Coalition (NITTEC) are pleased to announce the successful launch of AllRoads, NITTEC's multi-agency, technology-enabled, integrated regional mobility management system. This smart mobility solution services the Buffalo-Niagara region in Western New York State and Southern Ontario. Since 2022, Parsons has worked closely with NITTEC to design, develop, and implement the fir ...

Since 2022, Parsons has worked closely with NITTEC to design, develop, and implement the first bi-national deployment of AllRoads. The solution is built on Parsons' artificial intelligence (AI) based Smart Mobility Solution, iNET®, which seamlessly integrates with the client's existing advanced traffic management system, transit operations, and traffic signal network. The integrated mobility management system furthers NITTEC's goal of safe and efficient regional transportation by optimizing data transparenc ...