Perspecta, Inc. (PRSP, Financial) (PRSP - $19.45 – NYSE) is a leading provider of information technology services to the civilian and defense agencies of the Federal government. While Perspecta has seen limited impact from the COVID-19 pandemic thus far because its employees provide essential services to the government, social distancing procedures appear to be slowing some contracting operations and the ramp-up of new contracts. is has led to slight reductions in forward estimates and caused some softness in the stock in the third quarter.
From Keeley Asset Management Corp (Trades, Portfolio)'s Mid Cap Dividend Value Fund third-quarter 2020 commentary.