Education
About Us
Working with TipRanks
Follow Us
Barrett Business Services (BBSI)
NASDAQ:BBSI
Earnings Data
Report Date
Jul 30, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.69Last Year’s EPS
0.62Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:May 07, 2025
|% Change Since: 4.10%
|Next Earnings Date:Jul 30, 2025
Earnings Call Sentiment|Neutral
BBSI experienced a strong start to the year with record revenue growth, new client additions, and successful product launches. However, challenges in staffing operations, macroeconomic uncertainties, and slower client hiring balanced the positive outcomes. The cautious outlook for the remainder of the year reflects these uncertainties.Company Guidance
In the first quarter of fiscal year 2025, BBSI reported significant financial achievements, with gross billings increasing by 9.5% year-over-year to $2.09 billion, surpassing expectations. The company experienced a notable 7.6% growth in PEO worksite employees, driven by new client additions and strong client retention. Additionally, their new BBSI Benefits offering saw substantial uptake, with approximately 3,000 new participants and about 640 clients adopting various plans, totaling over 17,500 participants. Despite staffing revenue declining by 10%, the overall financial performance exceeded plans, and the company maintained its gross billings growth outlook of 7% to 9% for the year, reflecting caution due to economic uncertainties. BBSI also highlighted the success of their new asset-light market expansion model, resulting in the addition of over 600 new worksite employees and plans for new physical locations in Chicago, Dallas, and Nashville by the third quarter.Record Start to 2025
BBSI had a record start to the year with new client sales, upselling of products, and great client retention exceeding revenue expectations.
Growth in Worksite Employees (WSEs)
A record number of worksite employees were added, with a 7.6% growth year-over-year, driven by a 55% increase in new client WSEs compared to the prior year.
Strong Billings and Regional Performance
Gross billings increased by 9.5% to $2.09 billion in Q1 2025. Notable regional growth included East Coast at 14% and Southern California at 11%.
Successful Launch of BBSI Benefits
The new health insurance offering has gained traction with approximately 640 clients and over 17,500 participants, expected to be accretive to earnings in 2025.
Positive Feedback on IT Investments
The launch of the BBSI Applicant Tracking System has received positive feedback for improving client efficiencies.
---
BBSI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
BBSI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 07, 2025 | $40.77 | $40.42 | -0.86% |
Feb 26, 2025 | $40.42 | $40.21 | -0.52% |
Nov 06, 2024 | $40.21 | $41.03 | +2.04% |
Jul 31, 2024 | $36.21 | $36.43 | +0.61% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does Barrett Business Services (BBSI) report earnings?
Barrett Business Services (BBSI) is schdueled to report earning on Jul 30, 2025, TBA Not Confirmed.
What is Barrett Business Services (BBSI) earnings time?
Barrett Business Services (BBSI) earnings time is at Jul 30, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is BBSI EPS forecast?
BBSI EPS forecast for the fiscal quarter 2025 (Q2) is 0.69.
---