Barrett Business Services Earnings Preview: Can This Streak Continue?

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Barrett Business Services (NASDAQ:BBSI) will report earnings after markets close on Wednesday, April 24th. Barrett Business Services, Inc. provides outsourced solutions addressing the costs and complexities of employment-related issues for businesses. The Company provides services in several categories, including payroll processing, employee benefits and administration, workers’ compensation coverage, effective risk management and workplace safety programs, and human resource administration.

Here is your Cheat Sheet to Barrett Business Services Earnings:

Earnings Expectations: Analysts expect earnings of $-0.38 per share on revenues of $585.00 million. Currently, the company’s P/E ratio stands at 33.16.

Analyst Trends:

Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a profit of $0.69 and has not changed. For the current year, the average estimate is a profit of $2.27, which is better than the estimate ninety days ago.

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Earnings Trends:

Here’s how Barrett Business Services has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 280.47 236.46 273.12 314.87 402.65
Diluted EPS ($) 0.53 -0.38 0.71 1.41 1.67

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Dec. 31, 2011 Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 84.71 82.42 95.50 111.07 113.66
Diluted EPS ($) -0.01 -0.22 0.53 0.81 0.55

Past Performance:
Barrett Business Services has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)

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