Barrett Business Services (BBSI) Misses Q4 EPS by 9c; Guides Below for Q1
More News related to BBSI
- Roth Capital Upgrades Barrett Business Services (BBSI) to Buy
- Barrett Business Services (BBSI) Tops Q3 EPS by 10c on Strong Revenues; Guides Above for Q4
- BBSI Announces Third Quarter 2009 Operating Results, Financial Guidance for 4Q09 and Conference Call
- Trading Radar for 10.26: Verizon (VZ), Corning (GLW) ,McGraw-Hill (MHP), Radio Shack (RSH), Alberto Culver (ACV) Report
- Sidoti & Co Upgrades Barrett Business Services (BBSI) to Buy
More News related to Earnings
- Unusual 11 Mid-Day Movers 11/10: UPG, CSII, SGK, MEDQ Higher; RHIE, OPXT, PRKR, MBI Lower
- Notable ETF Movers: PGM, XLV, SMH Up; UNG, KRE, FXI, AGQ, XME Down
- Notable Analyst Rating Changes 11/10: ADBE, ANN, FRPT, RAX Upgraded; ALU, CPST, PIKE, TRW Downgraded
- Morning Movers 11/10: UPG, CYD, PCLN, FLL, BZH Higher; RHIE, OPXT, PRKR, PIKE, MBI, SDTH Lower
- Notable Mergers and Acquisitions of the Day 11/10: HSC
Barrett Business Services (Nasdaq: BBSI) reports Q4 EPS of $0.21, 9 cents worse than the analyst estimate of $0.30. Revenue for the quarter was $263.12 million, versus the consensus of $275.54 million.
The Company expects gross revenues for the first quarter of 2009 to range from $240 million to $245 million and anticipates diluted loss per share for the first quarter of 2009 to range from $.19 to $.22 per share. (Q1 revenue consensus is $269.09 million and EPS consensus is $0.02 profit)
The Company currently expects to return to profitability beginning with the 2009 second quarter. A reconciliation of estimated gross revenues to estimated GAAP net revenues for the first quarter of 2009 is not included because PEO revenues and cost of PEO revenues for the period are not reasonably estimable.[SM]
Related Categories
EarningsGuidance
Hot List
Stocks Mentioned
-0.23Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
