Parsons is set to report its second-quarter earnings Wednesday, with analysts eyeing a potential rebound after last quarter’s revenue dip and a strong EBITDA beat. Projected 1.4% year-over-year revenue growth this quarter could signal a turnaround from last year’s 5.2% decline, while peers like RTX and Lockheed Martin have already posted solid gains. Despite past revenue misses, Parsons’ stock has surged 15.9% in the last month, trading near a $69.18 analyst price target — a sign investors are cautiously optimistic as the company prepares to deliver its latest financial update.
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