Barrett Bus Servs Q2 EPS $2.47 Beats $1.85 Estimate, Sales $264.63M Miss $273.35M Estimate
Portfolio Pulse from totan@benzinga.com
Barrett Bus Servs (NASDAQ:BBSI) reported Q2 earnings of $2.47 per share, beating the analyst consensus estimate of $1.85 by 33.51%. However, the company's quarterly sales of $264.63 million missed the analyst consensus estimate of $273.35 million by 3.19%.
August 04, 2023 | 12:11 pm
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Barrett Bus Servs reported better than expected Q2 earnings but missed on sales. This mixed report may lead to uncertain short-term price movement.
While the company beat earnings estimates, which is generally positive for the stock price, it missed on sales, which is generally negative. These two factors may offset each other, leading to uncertain short-term price movement.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100