Barrett Business Services, Inc. (NASDAQ:BBSI) is reporting second quarter financial results on Tuesday 4th August 2020, after market close.
According to analysts surveyed by Thomson Reuters, BBSI is expected to report 2Q20 income of $ 0.82 per share from revenue of $ 192.93 million.
For the full year, analysts anticipate top line of $ 866.99 million, while looking forward to income of $ 3.27 per share bottom line.
The Company Outlook
Full Year 2020 bottomline are predicted in a range of $ 5.05 ~ $ 5.05 per share
Click Here For More Historical Outlooks Of Barrett Business Services, Inc.
Previous Quarter Performance
Barrett Business Services, Inc. unwinded loss for the first quarter of $ 0.45 per share, from the revenue of $ 219.10 million. The quarterly earnings increased 87.10 percent while revenues compared with the same quarter last year.
The consensus estimates are loss of $ 0.29 per share from $ 228.40 million in revenue. The bottom line results missed street analysts by $ 0.16 or 55.17 percent, at the same time, top line results fell short of analysts by $ 9.3 million or 4.07 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of BBSI was $ 53.75, representing a 97.25 % increase from the 52 week low of $ 27.25 and a 43.8 % decrease over the 52 week high of $ 95.64.
The company has a market capital of $ 405.12 million and is part of the Industrials sector and Staffing & Outsourcing Services industry.
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Recent Analyst recommendations
- On 23rd June 2020, maintained by Sidoti at Buy rating, with $ 82.00 target price.
Recent Stock Dividend Announcement
On May 5, 2020, the board of directors authorized quarterly dividend of $ 0.30 per share to holders of record as of the close of business on May 22, 2020, with payment date of June 5, 2020 and ex-dividend date on May 21, 2020.
Barrett Business Services, Inc. provides business management solutions for small and mid-sized companies in the United States. It develops a management platform that integrates a knowledge-based approach from the management consulting industry with tools from the human resource outsourcing industry.