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NASDAQ:BBSI
Barrett Business Services Stock Earnings Reports
Invest in BBSI
$42.42
+0.0700 (+0.165%)
At Close: May 16, 2025
Barrett Business Services Earnings Calls
Q1 2025
Beat
-$0.0400 (69.23%)
| Release date | May 07, 2025 |
| EPS estimate | -$0.130 |
| EPS actual | -$0.0400 |
| EPS Surprise | 69.23% |
| Revenue estimate | 285.908M |
| Revenue actual | 292.566M |
| Revenue Surprise | 2.33% |
Q4 2024
Beat
$0.630 (1.61%)
| Release date | Feb 26, 2025 |
| EPS estimate | $0.620 |
| EPS actual | $0.630 |
| EPS Surprise | 1.61% |
| Revenue estimate | 293.652M |
| Revenue actual | 304.82M |
| Revenue Surprise | 3.80% |
Q3 2024
Beat
$0.740 (7.25%)
| Release date | Nov 06, 2024 |
| EPS estimate | $0.690 |
| EPS actual | $0.740 |
| EPS Surprise | 7.25% |
| Revenue estimate | 293.652M |
| Revenue actual | 294.278M |
| Revenue Surprise | 0.213% |
Q2 2024
Beat
$0.620 (6.90%)
| Release date | Jul 31, 2024 |
| EPS estimate | $0.580 |
| EPS actual | $0.620 |
| EPS Surprise | 6.90% |
| Revenue estimate | 275M |
| Revenue actual | 279.651M |
| Revenue Surprise | 1.69% |
Last 4 Quarters for Barrett Business Services
Below you can see how BBSI performed 4 days prior and 4 days after releasing the earnings report. Also, you can see the pre-estimates and the actual earnings. This information can give you a slight idea of what you might expect for the next quarter's release.
Q2 2024
Beat
| Release date | Jul 31, 2024 |
| Fiscal end date | Jun 30, 2024 |
| Price on release | $36.44 |
| EPS estimate | $0.580 |
| EPS actual | $0.620 |
| EPS surprise | 6.90% |
| Date | Price |
|---|---|
| Jul 25, 2024 | $35.50 |
| Jul 26, 2024 | $36.03 |
| Jul 29, 2024 | $35.65 |
| Jul 30, 2024 | $36.49 |
| Jul 31, 2024 | $36.44 |
| Aug 01, 2024 | $36.66 |
| Aug 02, 2024 | $35.81 |
| Aug 05, 2024 | $34.17 |
| Aug 06, 2024 | $34.88 |
| 4 days before | 2.65% |
| 4 days after | -4.28% |
| On release day | 0.604% |
| Change in period | -1.75% |
Q3 2024
Beat
| Release date | Nov 06, 2024 |
| Fiscal end date | Sep 30, 2024 |
| Price on release | $40.37 |
| EPS estimate | $0.690 |
| EPS actual | $0.740 |
| EPS surprise | 7.25% |
| Date | Price |
|---|---|
| Oct 31, 2024 | $36.19 |
| Nov 01, 2024 | $36.29 |
| Nov 04, 2024 | $36.72 |
| Nov 05, 2024 | $37.42 |
| Nov 06, 2024 | $40.37 |
| Nov 07, 2024 | $41.19 |
| Nov 08, 2024 | $41.37 |
| Nov 11, 2024 | $42.88 |
| Nov 12, 2024 | $42.79 |
| 4 days before | 11.55% |
| 4 days after | 5.99% |
| On release day | 2.03% |
| Change in period | 18.24% |
Q4 2024
Beat
| Release date | Feb 26, 2025 |
| Fiscal end date | Dec 31, 2024 |
| Price on release | $40.50 |
| EPS estimate | $0.620 |
| EPS actual | $0.630 |
| EPS surprise | 1.61% |
| Date | Price |
|---|---|
| Feb 20, 2025 | $40.82 |
| Feb 21, 2025 | $40.14 |
| Feb 24, 2025 | $40.01 |
| Feb 25, 2025 | $40.35 |
| Feb 26, 2025 | $40.50 |
| Feb 27, 2025 | $40.29 |
| Feb 28, 2025 | $40.25 |
| Mar 03, 2025 | $40.18 |
| Mar 04, 2025 | $39.00 |
| 4 days before | -0.784% |
| 4 days after | -3.70% |
| On release day | -0.519% |
| Change in period | -4.46% |
Q1 2025
Beat
| Release date | May 07, 2025 |
| Fiscal end date | Mar 31, 2025 |
| Price on release | $40.77 |
| EPS estimate | -$0.130 |
| EPS actual | -$0.0400 |
| EPS surprise | 69.23% |
| Date | Price |
|---|---|
| May 01, 2025 | $40.78 |
| May 02, 2025 | $42.02 |
| May 05, 2025 | $41.92 |
| May 06, 2025 | $41.38 |
| May 07, 2025 | $40.77 |
| May 08, 2025 | $40.42 |
| May 09, 2025 | $40.45 |
| May 12, 2025 | $41.45 |
| May 13, 2025 | $41.71 |
| 4 days before | -0.0245% |
| 4 days after | 2.31% |
| On release day | -0.86% |
| Change in period | 2.28% |
Barrett Business Services Earnings Call Transcript Summary of Q1 2025
Summary of BBSI Earnings Call - Q1 2025
Key Financial Highlights:
- Record Performance: BBSI achieved a record start to the year with revenue exceeding expectations due to strong new client sales and high client retention.
- Gross Billings: Total gross billings rose by 9.5% year-over-year to $2.09 billion; PEO gross billings increased by 10% to $2.07 billion.
- Worksite Employees Growth: The company added approximately 7,900 worksite employees (WSEs), reflecting a 7.6% increase year-over-year.
- Staffing Segment Decline: Staffing revenues declined by 10% year-over-year to $18 million, due to a slowdown in March hiring.
- Margins and Expenses: Gross margin remains stable; SG&A expenses increased by 6% due to employee-related costs, but still grew slower than billings.
Market and Product Development:
- New Market Entries: BBSI plans to open physical locations in Chicago, Dallas, and Nashville by early Q3, enhancing its asset-light business model.
- Product Launches: Successful rollout of BBSI Benefits, adding over 17,500 participants. The new Applicant Tracking System is expected to enhance client hiring efficiency.
- Healthcare Partnerships: Strategic partnerships with Aetna and Kaiser Permanente are yielding strong results, with a significant increase in client adoption.
Outlook and Guidance:
- Cautious Approach: Despite a strong start, the company maintains a cautious outlook for the remainder of the year due to economic uncertainties affecting client workforce decisions.
- Guidance Maintained: BBSI expects gross billings growth of 7%-9% and WSE growth of 4%-6% for the year, alongside a stable gross margin between 2.85% and 3.1%.
- Focus on Sustainable Growth: BBSI remains committed to executing its strategic initiatives and positioning itself to navigate macroeconomic challenges, emphasizing the benefits of PEO relationships for small businesses during uncertain times.
Strategic Focus:
- Continued investment in technology and market expansion aimed at enhancing client experience and retention.
- Acknowledgement that macroeconomic factors may influence client behavior, particularly regarding hiring and workforce management.
Conclusion
BBSI demonstrated strong performance in Q1 2025, marked by record revenue and worksite employee growth. The company is cautious yet optimistic about maintaining growth amid economic uncertainties, focusing on strategic product launches and market expansions. Investors should note the potential impact of macroeconomic factors while considering BBSI's resilient business model and growth strategies.
Barrett Business Services Earnings History
Earnings Calendar
FAQ
When is the earnings report for BBSI?
Barrett Business Services (BBSI) has scheduled its earnings report for Jul 30, 2025 after the markets close.
What is the BBSI price-to-earnings (P/E) ratio?
BBSI P/E ratio as of May 16, 2025 (TTM) is 20.60.
What is the BBSI EPS forecast?
The forecasted EPS (Earnings Per Share) for Barrett Business Services (BBSI) for the first fiscal quarter 2025 is $0.650.
What are Barrett Business Services's retained earnings?
On its balance sheet, Barrett Business Services reported retained earnings of $292.57 million for the latest quarter ending Mar 31, 2025.
What Is an Earnings Report?
An earnings report is usually issued quarterly (Q1, Q2, Q3 & Q4) by public companies to report their performance. Earnings reports typically include net income, earnings per share, earnings from continuing operations, and net sales. Looking at the earnings report investors can start gauge the financial health of the company and make even better decisions whether to buy, sell, or stay in the company. Fundamental analysts and value investors will typically hunt for stocks that continue to show good financial ratios and use a decline as an exit point. One of the most anticipated numbers for analysis is earnings per share because it indicates how much the company earned for its shareholders. The report will also indicate a possible dividend.
Earnings Report Content
Earnings reports generally provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. These figures are typically measured against previous quarters/years. Furthermore, the earnings report usually includes a summary and analysis from the CEO or company spokesman, alongside a more general view of the financials and future forecast.
What To Know About Earnings Reports?
Announcement of earnings for a stock, particularly for well followed large-capitalization stocks, can move the market. Stock prices can fluctuate wildly on days when the quarterly earnings report is released. Despite good reports, stocks may very well fall if the investors were expecting more or they believe the next quarter will not be as good. Investors always try to be ahead of the market and future earnings/losses are often discounted into the current price of the stock. It is natural for stocks to start to move in either direction a few days before the release of an earnings report.
