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

Barrett Business Services (NASDAQ:BBSI) is scheduled to post its quarterly earnings results after the market closes on Wednesday, May 1st. Analysts expect Barrett Business Services to post earnings of ($0.31) per share for the quarter. Investors that are interested in registering for the company’s conference call can do so using this link.

Barrett Business Services (NASDAQ:BBSI) last announced its earnings results on Wednesday, February 28th. The business services provider reported $2.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.87 by $0.29. Barrett Business Services had a net margin of 4.73% and a return on equity of 27.69%. The firm had revenue of $2.05 billion for the quarter, compared to analyst estimates of $2.02 billion. 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 Stock Performance

Shares of NASDAQ BBSI opened at $121.77 on Monday. Barrett Business Services has a 1 year low of $76.22 and a 1 year high of $130.00. The firm’s 50 day moving average price is $120.79 and its 200 day moving average price is $112.34. The firm has a market cap of $795.89 million, a P/E ratio of 16.39, a price-to-earnings-growth ratio of 1.12 and a beta of 1.35.

Barrett Business Services Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 15th were given a dividend of $0.30 per share. The ex-dividend date of this dividend was Thursday, March 14th. This represents a $1.20 dividend on an annualized basis and a yield of 0.99%. Barrett Business Services’s dividend payout ratio (DPR) is currently 16.15%.

Wall Street Analyst Weigh In

Separately, Barrington Research reiterated an “outperform” rating and issued a $141.00 price target on shares of Barrett Business Services in a report on Monday, April 22nd.

About Barrett Business Services

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.