Barrett (BBSI) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

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]