Kirby McInerney LLP Announces Investigation Against Parsons Corporation (PSN) on Behalf of Investors
Parsons Corporation (PSN)
Last parsons corporation earnings: 3/10 06:30 am
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Source: GlobeNewswire
NEW YORK, Feb. 20, 2025 (GLOBE NEWSWIRE) -- The law firm of Kirby McInerney LLP is investigating potential claims against Parsons Corporation (“Parsons” or the “Company”) (NYSE:PSN). The investigation concerns whether Parsons and/or certain of its officers have violated the federal securities laws and/or engaged in other unlawful business practices. [LEARN MORE ABOUT THE INVESTIGATION] On February 19, 2025, Parsons released its fourth quarter 2024 financial results, falling short of its prior guidance in revenue and EBITDA. The Company explained that its “adjusted EBITDA growth for the quarter was negatively impacted by $29 million of adjustments on two programs.” On this news, the price of Parsons shares declined by $8.42 per share, from $73.50 per share on February 18, 2025, to close at $65.08 on February 19, 2025. If you purchased or otherwise acquired Parsons securities, have information, or would like to learn more about this investigation, contact Thomas W. Elrod of
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PSN
News
- Parsons (NYSE:PSN) had its price target lowered by analysts at Stifel Nicolaus from $94.00 to $90.00. They now have a "buy" rating on the stock.MarketBeat
- Parsons (NYSE:PSN) was upgraded by analysts at Barclays PLC to a "strong-buy" rating.MarketBeat
- Parsons Selected to Design San Antonio’s New VIA Rapid Silver LineGlobeNewswire
- Parsons Corporation Awarded Position On $151 Billion MDA SHIELD ContractGlobeNewswire
- Parsons Awarded $30M Contract to Enhance Support to DARPA Blackjack Space MissionGlobeNewswire
PSN
Earnings
- 11/5/25 - Beat
PSN
Sec Filings
- 12/22/25 - Form 4
- 12/19/25 - Form 4
- 12/19/25 - Form 3
- PSN's page on the SEC website