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
wpDataChart with provided ID not found! wpDataTable with provided ID not found!Click Here For More Historical Earnings Of Barrett Business Services, Inc.
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.
