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BGSF (BGSF)
NYSE:BGSF
Earnings Data
Report Date
May 07, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
-0.18Last Year’s EPS
0.07Same Quarter Last Year
Moderate Buy
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 12, 2025
|% Change Since: -6.44%
|Next Earnings Date:May 07, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mix of positive and negative aspects. Highlights included strategic leadership appointments, cost-saving initiatives, and increased client engagement, while lowlights focused on revenue declines and profitability challenges. The overall sentiment is balanced.Company Guidance
During the BGSF, Inc. Fiscal Year Fourth Quarter 2024 earnings call, the company provided guidance on several key metrics and strategic initiatives. The company anticipates cash savings of approximately $7 million to $9 million in 2025 from their restructuring plan, which includes headcount reductions and streamlined indirect costs. They also expect to save an additional $800,000 annually by shifting IT middleware maintenance to lower-cost nearshore support with Arroyo. In the Professional segment, fourth-quarter revenues were down 3% sequentially, but adjusted for billing days, they grew approximately 2%. The Property Management segment saw a 23% revenue increase from a territory mapping initiative. Overall, BGSF's gross profit margin was 33.3% in Q4, a slight decrease from 34.6% the previous year, due to increased competition and economic pressures. The company also reported an adjusted EBITDA of $1.4 million, representing 2.2% of revenue, and highlighted a strategic focus on enhancing profitability and capturing operational efficiencies in 2025.CFO Transition and Strengthened Leadership
Keith Schroeder was appointed as the new CFO, bringing strategic operational and financial expertise to strengthen the finance and accounting functions.
Cost Savings from Restructuring
The restructuring plan is expected to save approximately $7 million to $9 million in 2025, with additional annual savings of $800,000 from shifting IT middleware maintenance to lower-cost nearshore support.
Recognition for Company Culture
BGSF was recognized as one of the best places for working parents for the fifth consecutive year.
Increase in New Client Engagement
The Professional segment added 15 new logos in Q4 and saw a 30% increase in signed master service agreements compared to Q4 2023.
Revenue Growth in Key Markets
The Property Management segment saw a 23% increase in revenue from territory mapping initiatives in key markets.
AI and Technology Initiatives
The company launched an operational excellence team focused on leveraging AI to improve productivity and streamline workflows, generating $2 million in revenue in six months from a lead generation engine.
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BGSF 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
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BGSF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 12, 2025 | $3.88 | $3.54 | -8.76% |
| Nov 06, 2024 | $7.70 | $7.32 | -4.94% |
| Aug 07, 2024 | $8.74 | $8.66 | -0.92% |
| May 08, 2024 | $9.13 | $7.70 | -15.66% |
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.
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FAQ
When does BGSF (BGSF) report earnings?
BGSF (BGSF) is schdueled to report earning on May 07, 2025, TBA Not Confirmed.
What is BGSF (BGSF) earnings time?
BGSF (BGSF) earnings time is at May 07, 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 BGSF EPS forecast?
BGSF EPS forecast for the fiscal quarter 2025 (Q1) is -0.18.
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