Barrett Business Services, Inc. (NASDAQ:BBSI) is reporting third quarter earnings results on Tuesday 3rd November 2020, after market close.
The consensus estimates from Thomson Reuters are income of $ 1.47 per share.
For the full year, analysts predict revenues of $ 880.23 million, while looking forward to income of $ 3.71 per share.
The Company Outlook
Full Year 2020 bottomline are predicted in a range of $ 3.70 ~ $ 3.70 per share
Click Here For More Historical Outlooks Of Barrett Business Services, Inc.
Previous Quarter Performance
Barrett Business Services, Inc. communicated income for the second quarter of $ 1.51 per share, from the revenue of $ 201.03 million. The quarterly earnings fell 16.57 percent compared with the same quarter last year. The consensus estimates are income of $ 0.82 per share from $ 192.93 million in revenue. The bottom line results beat street analysts by $ 0.69 or 84.15 percent, at the same time, top line results outshined analysts by $ 8.10 million or 4.20 percent.
Stock Performance
Shares of Barrett Business Services, Inc. traded up $ 2.86 or 4.83 percent on Monday, reaching $ 62.11 with volume of 40.20 thousand shares. Barrett Business Services, Inc. has traded high as $ 62.41 and has cracked $ 59.69 on the downward trend
The closing price of $ 62.11, representing a 117.43 % increase from the 52 week low of $ 27.25 and a 38.05 % decrease over the 52 week high of $ 95.64.
The company has a market capital of $ 474.25 million and is part of the Industrials sector and Staffing & Outsourcing Services industry.
Recent Stock Dividend Announcement
On August 4, 2020, the board of directors authorized quarterly dividend of $ 0.30 per share to holders of record as of the close of business on August 21, 2020, with payment date of September 4, 2020 and ex-dividend date on August 20, 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.
