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

Barrett Business Services (NASDAQ:BBSI) is set to release its earnings data after the market closes on Wednesday, May 1st. Analysts expect Barrett Business Services to post earnings of ($0.31) per share for the quarter. Persons that wish to listen to the company’s earnings 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, beating analysts’ consensus estimates of $1.87 by $0.29. The company had revenue of $2.05 billion for the quarter, compared to analyst estimates 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 Stock Down 1.1 %

Shares of NASDAQ BBSI opened at $121.77 on Monday. Barrett Business Services has a 52-week low of $76.22 and a 52-week high of $130.00. The business’s 50 day moving average is $120.79 and its two-hundred day moving average is $112.34. The firm has a market cap of $795.89 million, a price-to-earnings ratio of 16.39, a PEG ratio of 1.12 and a beta of 1.35.

Barrett Business Services Announces Dividend

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

Analysts Set New Price Targets

Separately, Barrington Research reaffirmed an “outperform” rating and set a $141.00 price objective on shares of Barrett Business Services in a research report on Monday, April 22nd.

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.