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Barrett posts 4Q profit

VANCOUVER, Wash. (AP) _ Barrett Business Services Inc. (BBSI) on Tuesday reported fourth-quarter profit of $8 million.

On a per-share basis, the Vancouver, Washington-based company said it had profit of $1.08. Earnings, adjusted for non-recurring costs, came to $1.24 per share.

The human resources management company posted revenue of $221.1 million in the period. Its adjusted revenue was $1.26 billion.

For the year, the company reported profit of $18.8 million, or $2.55 per share. Revenue was reported as $4.69 billion.

Barrett expects full-year earnings to be $3.65 per share.

Barrett shares have declined 4 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $61.43, an increase of 64 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BBSI at https://www.zacks.com/ap/BBSI


Keywords: Barrett Business Services, Earnings Report