Barrett Business Services (BBSI) Set to Announce Quarterly Earnings on Wednesday

Barrett Business Services (NASDAQ:BBSI) will announce its earnings results after the market closes on Wednesday, May 1st. Analysts expect the company to announce earnings of ($0.31) per share for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.

Barrett Business Services (NASDAQ:BBSI) last released its quarterly earnings data on Wednesday, February 28th. The business services provider reported $2.16 earnings per share for the quarter, beating the consensus estimate of $1.87 by $0.29. The company had revenue of $2.05 billion for the quarter, compared to the consensus estimate of $2.02 billion. Barrett Business Services had a return on equity of 27.69% and a net margin of 4.73%. On average, analysts expect Barrett Business Services to post $8 EPS for the current fiscal year and $9 EPS for the next fiscal year.

Barrett Business Services Trading Up 0.5 %

Shares of BBSI opened at $123.47 on Wednesday. The company has a market capitalization of $807.00 million, a PE ratio of 16.62, a PEG ratio of 1.12 and a beta of 1.35. Barrett Business Services has a 12 month low of $76.22 and a 12 month high of $130.00. The stock’s 50-day moving average price is $119.88 and its two-hundred day moving average price is $111.66.

Barrett Business Services Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 15th were issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 0.97%. The ex-dividend date was Thursday, March 14th. Barrett Business Services’s payout ratio is presently 16.15%.

Wall Street Analyst Weigh In

Separately, Barrington Research reissued an “outperform” rating and issued a $141.00 price objective on shares of Barrett Business Services in a research report on Monday.

Barrett Business Services Company Profile

Barrett Business Services, Inc provides business management solutions for small and mid-sized companies in the United States. The company develops a management platform that integrates a knowledge-based approach from the management consulting industry with tools from the human resource outsourcing industry.