Parsons shares fall 5% despite beating earnings estimates as outlook is revised

The story

Parsons Corporation announced its third-quarter results, reporting performance above market expectations.

At the same time, it lowered the range of its full-year outlook, sending its shares down approximately 5%.

At a glance

Securities information categoryParsons Corporation

Trading trendApproximately 5% decline

Earnings summaryAnnounced third-quarter results that exceeded market expectations

Outlook revisionLowered the range of its full-year outlook

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