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Shares of Barrett Business Services (NASDAQ:BBSI) remained unaffected after the company reported Q3 results.
Quarterly Results
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Earnings per share were down 25.93% year over year to $2.40, which beat the estimate of $1.47.
Revenue of $227,513,000 decreased by 8.25% year over year, which beat the estimate of $224,720,000.
Looking Ahead
Business Services Raises FY20 EPS Guidance From $3.70 To $4.10 vs $3.71 Est.
Recent Stock Performance
Company's 52-week high was at $95.64
Company's 52-week low was at $27.25
Price action over last quarter: Up 6.17%
Company Description
Barrett Business Services Inc is a provider of payroll administrative services and staffing services. The company categories of services include professional employer services and staffing. Professional employer services offer payroll management, payroll taxes services, and workers' compensation coverage solutions, as well as workforce management services, including hiring and termination of employees. Staffing offers temporary staffing services, as well as contract staffing, long-term or indefinite on-site management, and direct placement services. The company operates in the United States of America. It generates maximum revenue from the Professional employer service fees.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.