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BBSIBarrett Business Services, Inc.Sell4.7·$34.30+1.36%

Barrett Business Services (BBSI) Q2 2026 earnings — TrendMatrix coverage

MISS-6.3% vs estimateEPS $0.52 vs $0.56 estVerdict Buy (Wait)Sell

Reported

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure

Event detail · Q2 2026

Key numbers

Reported EPS
$0.52
Estimate
$0.56
Surprise
-6.3%
Revenue (period 2026-06-30)
$319.3M
Score at report (before → after)
5.15.1/10

Revenue source: xbrl.

Report record · Q2 2026

How the report landed

Barrett Business Services (BBSI) missed the $0.56 estimate with diluted EPS of $0.52 — a clear 6.3% shortfall. TrendMatrix's engine moved from Buy (Wait) (5.1/10) to Sell at 5.1/10 after the report.

Current read · as of 2026-09-17

Where TrendMatrix's rating stands now

TrendMatrix currently rates BBSI Sell at 4.7/10.

1 of the last 4 quarters beat the estimate; this quarter's -6.3% surprise compares with a +1.3% four-quarter average. Next scheduled report: 2026-11-04.

What argues against it

  • Concentration risk — Counterparty: third-party workers' compensation insurers (insured program) (86.0%)
  • Analyst target reached - limited upside remaining
  • V7 low-quality RISK_OFF penalty: -0.5 (Q=4.1)

This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.

Current engine read

The levels TrendMatrix's engine tracks

Current price
$34.30
Price target
$34.64
Stop
$32.18
Upside to target
+1.0%
Reward-to-risk
0.1:1

The stock trades at 24.7× trailing but 16.7× forward earnings — consensus estimates already build in a substantial earnings recovery.

Model outputs from TrendMatrix’s engine as of 2026-09-17 — shown for context, not personalized investment advice.

Industrials context

BBSI at TrendMatrix's latest read

Industrial quarters are order-book stories — backlog and book-to-bill color how the market reads the reported number.

Industry
Staffing & Employment Services
Market cap
$820.1M
P/E (fwd)
16.7
P/E (ttm)
24.7
52-week range
$25.33$47.35
Off 52-week high
27.6%
RSI (14)
53
Volume vs avg
0.85×
Score today
4.7/10

Earnings figures are sourced from TrendMatrix’s pipeline (EPS: existing earnings extraction; revenue: SEC XBRL company facts where available, yfinance-provisional otherwise). Not a buy/sell rating, a price target, or investment advice — see the current verdict on the stock’s main page for TrendMatrix’s live read.

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