Parsons Corp.: Margin increases, insider purchases, and high order backlog could reveal hidden potential!
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The Parsons Corp. (PSN) (i.) has caught my attention. At the end of April, mixed results for the first quarter were presented, with revenue declining by 4.0% to $1.491 billion compared to the previous year, although the adjusted EPS was increased by 1.2% to $0.79. It is worth taking a closer look at the details, as the revenue decline was due to a special effect from a large order. On a normalized basis, there was an increase of 3%. The adjusted EBITDA margin, on the other hand, climbed by 50 basis points to a strong 10.1%. The price weakness in...
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