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Barrett Business Services Inc (BBSI.OQ)

BBSI.OQ on NASDAQ Stock Exchange Global Select Market

49.50USD
25 Sep 2020
Change (% chg)

$0.46 (+0.94%)
Prev Close
$49.04
Open
$48.93
Day's High
$49.70
Day's Low
$48.80
Volume
16,583
Avg. Vol
26,277
52-wk High
$95.20
52-wk Low
$27.40

Latest Key Developments (Source: Significant Developments)

BBSI Announces Transfer Of $116 Million Of Claims Liabilities And Renewal Of Fronted Workers' Compensation Program With Lower Retention Levels
Monday, 6 Jul 2020 

July 6 (Reuters) - Barrett Business Services Inc ::BBSI ANNOUNCES TRANSFER OF $116 MILLION OF CLAIMS LIABILITIES AND RENEWAL OF FRONTED WORKERS' COMPENSATION PROGRAM WITH LOWER RETENTION LEVELS.BARRETT BUSINESS SERVICES - AGREEMENT TO REMOVE ALL OUTSTANDING WORKERS' COMPENSATION CLAIMS INCURRED BETWEEN FEB 1, 2014 & DEC 31, 2017.BARRETT BUSINESS SERVICES INC - TRANSACTION REDUCES BBSI'S OUTSTANDING WORKERS' COMPENSATION LIABILITIES BY APPROXIMATELY 27%.BARRETT BUSINESS SERVICES INC - ALSO ANNOUNCED RENEWAL OF FRONTED PROGRAM EFFECTIVE JULY 1, 2020.BARRETT BUSINESS SERVICES - RENEWED PROGRAM INCLUDES REDUCTION IN LOSS RETENTION FROM $5 MILLION/OCCURRENCE TO $3 MILLION & MULTIYEAR COMMITMENT UNTIL 2022.BARRETT BUSINESS SERVICES INC - THIRD-PARTY COLLATERAL REQUIREMENTS HAVE ALSO BEEN REDUCED SIGNIFICANTLY.BARRETT BUSINESS SERVICES - REDUCTIONS WILL RESULT IN ONE-TIME INCREASE IN UNRESTRICTED CASH & INVESTMENTS AT JUNE 30 OF APPROXIMATELY $48 MILLION.  Full Article

BBSI Reports Q2 2019 Results
Wednesday, 7 Aug 2019 

Aug 6 (Reuters) - Barrett Business Services Inc ::BBSI REPORTS SECOND QUARTER 2019 FINANCIAL RESULTS.SEES FY 2019 EARNINGS PER SHARE $5.40.Q2 EARNINGS PER SHARE $1.81.Q2 REVENUE $231 MILLION VERSUS $231.6 MILLION.Q2 EARNINGS PER SHARE ESTIMATE $1.69 -- REFINITIV IBES DATA.QTRLY GROSS BILLINGS UP 6% TO $1.46 BILLION.CONTINUES TO EXPECT GROSS BILLINGS TO INCREASE APPROXIMATELY 8% FOR NEXT ROLLING 12-MONTH PERIOD.FY2019 EARNINGS PER SHARE VIEW $5.40 -- REFINITIV IBES DATA.  Full Article

BBSI Confirms $0.25 Per Share Quarterly Cash Dividend
Friday, 3 May 2019 

May 3 (Reuters) - Barrett Business Services Inc ::BBSI CONFIRMS $0.25 PER SHARE QUARTERLY CASH DIVIDEND.  Full Article

Bbsi Reports Record Fourth Quarter And Full Year 2018 Financial Results
Wednesday, 27 Feb 2019 

Feb 26 (Reuters) - Barrett Business Services Inc ::BBSI REPORTS RECORD FOURTH QUARTER AND FULL YEAR 2018 FINANCIAL RESULTS.SEES FY 2019 EARNINGS PER SHARE ABOUT $5.40.Q4 EARNINGS PER SHARE $2.21.Q4 REVENUE FELL 3 PERCENT TO $237.8 MILLION.Q4 EARNINGS PER SHARE ESTIMATE $1.57 -- REFINITIV IBES DATA.QTRLY GROSS BILLINGS UP 6% TO $1.5 BILLION.  Full Article