Barrett Business soars as Q2 EPS beat the Street, issues Q3 guidance above the Street
Shares of Barrett Business Services, Inc. (Nasdaq:BBSI) spiked this morning after the provider of human resource management services posted second-quarter earnings after Tuesday’s close that trumped the consensus on Wall Street. Barrett also issued third-quarter earnings and revenue guidance above the mean analysts’ estimates.
Adding to the good news on Barrett, Roth Capital upgraded the stock to “buy” from “hold.”
Shares bolted 40%, or $4.65, to $16.21 at 10 a.m. ET. For detailed price information and recent news stories about Barrett Business, click BBSI.
