Barrett (BBSI) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

Core Insights - Barrett Business Services (BBSI) reported $2.25 billion in revenue for Q4 2024, marking a year-over-year increase of 9.8% [1] - The company's EPS for the same period was $0.63, up from $0.54 a year ago, aligning with the consensus estimate [1] - The reported revenue exceeded the Zacks Consensus Estimate of $2.22 billion by 1.40% [1] Financial Performance Metrics - Gross billings reached $2.25 billion, slightly above the average estimate of $2.22 billion from two analysts [4] - Revenue from professional employer services was $284.52 million, surpassing the average estimate of $274.35 million, reflecting an 11.9% year-over-year increase [4] - Revenue from staffing services was $20.30 million, below the average estimate of $22.10 million, indicating a year-over-year decline of 9.4% [4] Stock Performance - Barrett's shares have returned -7.2% over the past month, compared to a -2.3% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]