Barrett Business Services(BBSI)

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Top Stocks From the Staffing Industry to Keep an Eye On
ZACKS· 2025-08-07 15:36
An updated edition of the Jun 26, 2025 article.Staffing is more than just filling job openings; it’s about aligning the right talent with the right opportunity at the right time. In today’s dynamic business landscape, companies face constant pressure to stay competitive, agile and innovative. To meet these challenges, effective staffing has become mission-critical. Whether it’s short-term hiring to meet seasonal demand or building a future-ready leadership pipeline, staffing solutions drive workforce readin ...
Compared to Estimates, Barrett (BBSI) Q2 Earnings: A Look at Key Metrics
ZACKS· 2025-08-06 23:32
Barrett Business Services (BBSI) reported $2.23 billion in revenue for the quarter ended June 2025, representing a year-over-year increase of 10.1%. EPS of $0.70 for the same period compares to $0.62 a year ago.The reported revenue represents a surprise of +2.28% over the Zacks Consensus Estimate of $2.18 billion. With the consensus EPS estimate being $0.65, the EPS surprise was +7.69%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to ...
Barrett Business Services(BBSI) - 2025 Q2 - Earnings Call Transcript
2025-08-06 22:00
Barrett Business Services (BBSI) Q2 2025 Earnings Call August 06, 2025 05:00 PM ET Speaker0Good afternoon, everyone, and thank you for participating in today's conference call to discuss VBSI's financial results for the second quarter ended 06/30/2025. Joining us today are BBSI's President and CEO, Mr. Gary Kramer and the company's CFO, Mr. Anthony Harris. Following their remarks, we'll open the call for your questions.Before we go further, please take note of the company's safe harbor statement within the ...
Barrett Business Services(BBSI) - 2025 Q2 - Quarterly Report
2025-08-06 21:42
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended June 30, 2025 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period From to Commission File Number 0-21886 Maryland 52-0812977 (IRS Employer Identification No.) 8100 NE Parkway Drive, Suite 200 Vancouver, Washington 98662 (Address of principal ex ...
Barrett Business Services(BBSI) - 2025 Q2 - Quarterly Results
2025-08-06 20:08
EXHIBIT 99.1 BBSI Reports Strong Second Quarter 2025 Financial Results - Revenues and Gross Billings up 10% to $307.7 Million and $2.23 Billion - - Announces New $100 Million Stock Repurchase Program - VANCOUVER, Washington, August 6, 2025 – Barrett Business Services, Inc. ("BBSI" or the "Company") (NASDAQ: BBSI), a leading provider of business management solutions, reported financial results for the second quarter ended June 30, 2025. Second Quarter 2025 Financial Summary vs. Year-Ago Quarter "BBSI sustain ...
BBSI Reports Strong Second Quarter 2025 Financial Results
Globenewswire· 2025-08-06 20:05
- Revenues and Gross Billings up 10% to $307.7 Million and $2.23 Billion -- Announces New $100 Million Stock Repurchase Program - VANCOUVER, Wash., Aug. 06, 2025 (GLOBE NEWSWIRE) -- Barrett Business Services, Inc. (“BBSI” or the “Company”) (NASDAQ: BBSI), a leading provider of business management solutions, reported financial results for the second quarter ended June 30, 2025. Second Quarter 2025 Financial Summary vs. Year-Ago Quarter Revenues up 10% to $307.7 million.Gross billings up 10% to $2.23 billion. ...
BBSI Sets Second Quarter 2025 Conference Call for Wednesday, August 6, 2025, at 5:00 p.m. ET
Globenewswire· 2025-07-23 20:05
VANCOUVER, Wash., July 23, 2025 (GLOBE NEWSWIRE) -- Barrett Business Services, Inc. (BBSI) (NASDAQ: BBSI), a leading provider of business management solutions and one of the largest professional employer organizations (PEO) in the U.S., will conduct a conference call on Wednesday, August 6, 2025, at 5:00 p.m. Eastern time (2:00 p.m. Pacific time) to discuss its financial results for the second quarter ended June 30, 2025. The company will report its financial results in a press release prior to the conferen ...
Here are 3 Outsourcing Stocks to Consider Amid Industry Woes
ZACKS· 2025-07-08 15:41
Industry Overview - The Zacks Outsourcing industry is facing challenges such as data privacy regulations, communication barriers, geopolitical risks, quality control issues, and loss of control [1] - Despite these headwinds, the industry is driven by the need to cut costs, the rise of remote work, increased focus on cybersecurity, and trends in AI and ML [1] Future Trends - Business process outsourcing (BPO) services are experiencing consistent growth due to flexibility, lower costs, and improved service quality [4] - The IT outsourcing market is robust, with companies increasingly outsourcing entire IT departments to reduce costs and focus on core operations, driven by a shortage of in-house engineering talent [4] Cybersecurity Demand - There is a rising demand for data encryption and cybersecurity measures due to increased public awareness and evolving cyber threats [5] - Companies are focusing on employee security training and breach detection systems, with many turning to outsourced cybersecurity services to mitigate risks [5] Technological Innovations - Trends such as IoT, cloud computing, AI, and ML are transforming the outsourcing sector, enhancing efficiency and competitiveness [6] - Innovations allow for real-time decision-making and predictive maintenance, while AI and ML integration in customer support optimizes operational costs [6] Industry Performance - The Zacks Outsourcing industry currently holds a Zacks Industry Rank of 196, placing it in the bottom 20% of 246 Zacks industries, indicating underperformance [7][8] - Over the past year, the industry has declined by 6.9%, underperforming the broader Zacks Business Services sector and the S&P 500, which grew by 16.6% and 13.8% respectively [9][10] Current Valuation - The industry is trading at a forward 12-month price-to-earnings (P/E) ratio of 15.96X, compared to the S&P 500's 22.75X and the sector's 22.38X [12] Investment Opportunities - **Barrett Business Services, Inc. (BBSI)**: Focuses on payroll administration and staffing, with growth driven by new client sales and technology investments [15][16] - **The Brink's Company, Inc. (BCO)**: A global provider of cash management services, experiencing growth across segments, particularly in digital retail solutions [18][19] - **Capgemini SE (CGEMY)**: An IT services and consulting company benefiting from strong growth in financial services and public sector, with a focus on AI [20][21]
BBSI Appoints Joseph S. Clabby as Chairman of the Board
Globenewswire· 2025-06-04 20:23
Core Points - Barrett Business Services, Inc. (BBSI) has appointed Joseph S. Clabby as the new Chairman of the Board of Directors, succeeding Tony Meeker, who will remain on the board [2][3] - Clabby has been with BBSI since September 2022 and was previously Vice Chairman of the Board, bringing over two decades of experience from ACE Limited and Chubb [3] - The Vice Chairman position will remain unfilled for the time being [4] Company Overview - BBSI is a leading provider of business management solutions, specializing in human resource outsourcing and professional management consulting [5] - The company serves over 8,100 PEO clients across all 50 states, focusing on payroll processing, employee benefits, workers' compensation, risk management, and workplace safety programs [5]
Barrett (BBSI) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2025-05-07 23:00
Core Insights - Barrett Business Services (BBSI) reported revenue of $2.09 billion for the quarter ended March 2025, reflecting a year-over-year increase of 9.5% [1] - The earnings per share (EPS) for the same period was -$0.04, compared to -$0.01 a year ago, indicating a decline [1] - The reported revenue exceeded the Zacks Consensus Estimate of $2.06 billion, resulting in a surprise of +1.31% [1] - The company delivered an EPS surprise of +69.23%, with the consensus EPS estimate being -$0.13 [1] Financial Performance Metrics - Gross billings were reported at $2.09 billion, surpassing the two-analyst average estimate of $2.06 billion [4] - Revenues from professional employer services amounted to $274.93 million, exceeding the average estimate of $264.74 million by two analysts, representing an increase of +11.7% year-over-year [4] - Revenues from staffing services were reported at $17.64 million, which fell short of the two-analyst average estimate of $19.94 million, reflecting a year-over-year decline of -10% [4] Stock Performance - Shares of Barrett have returned +8.8% over the past month, compared to the Zacks S&P 500 composite's +10.6% change [3] - The stock currently holds a Zacks Rank 2 (Buy), suggesting potential for outperformance against the broader market in the near term [3]