Barrett Business Services Inc reports results for the quarter ended in December

Barrett Business Services Inc reports results for the quarter ended in December

  • Barrett Business Services Inc BBSI reported quarterly adjusted earnings of $2.16​​ per share for the quarter ended in December, higher than the same quarter last year, when the company reported EPS of $1.64. The mean expectation of four analysts for the quarter was for earnings of $1.90 per share. Wall Street expected results to range from $1.84 to $1.94 per share.

  • Revenue rose 1.7% to $276.68 million from a year ago; analysts expected $281.20 million.

  • Barrett Business Services Inc’s reported EPS for the quarter was $2.16​.

  • The company reported quarterly net income of $14.56 million.

  • Barrett Business Services Inc shares had risen by 0.2% this quarter.

FORECAST CHANGES

  • The mean earnings estimate of analysts was unchanged in the last three months.​

  • In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

  • The current average analyst rating on the shares is “strong buy” and the breakdown of recommendations is 4 “strong buy” or “buy,” no “hold” and no “sell” or “strong sell.”

  • The average consensus recommendation for the employment services peer group is “buy.”

Wall Street’s median 12-month price target for Barrett Business Services Inc is $131.00

This summary was machine generated from LSEG data February 28 at 11:55 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact [email protected]. For any other questions or feedback, contact [email protected])

QUARTER ENDING

ESTIMATE

ACTUAL

BEAT, MET, MISSED

Dec. 31 2023

1.90

2.16

Beat

Sep. 30 2023

2.37

2.68

Beat

Jun. 30 2023

1.85

2.47

Beat

Mar. 31 2023

-0.11

0.12

Beat