Why Barrett (BBSI) Shares Are Plunging Today

Core Insights - Barrett Business Services reported third-quarter 2025 financial results that missed analyst expectations on profitability, with earnings per share (EPS) of $0.79 compared to the consensus estimate of $0.80 [1] - The company's adjusted EBITDA of $26.88 million fell 7.7% short of expectations, although revenue of $318.9 million was up 8.4% year-over-year and aligned with Wall Street forecasts [1] - The market reacted negatively, with shares falling 8.2%, indicating a focus on the earnings miss rather than the revenue growth [1] Financial Performance - EPS reported at $0.79, missing the consensus estimate of $0.80 [1] - Adjusted EBITDA was $26.88 million, which was 7.7% below expectations [1] - Revenue reached $318.9 million, reflecting an 8.4% increase from the same quarter last year and meeting Wall Street's forecasts [1] Market Reaction - Barrett's shares experienced an 8.2% decline in response to the earnings miss, suggesting significant market concern over profitability [1] - The stock has shown low volatility, with only two moves greater than 5% in the past year, indicating that today's drop is perceived as meaningful by the market [3] - Year-to-date, Barrett's stock is down 13.2% and is trading 24.1% below its 52-week high of $49.17 [5]