TrueBlue Inc expected to post a loss of 11 cents a share - Earnings Preview

Trueblue

22/04/2023 24:21

* TrueBlue Inc  TBI.N   TBI  is expected to show a fall in
quarterly revenue when it reports  results on April 24. 
    * The Tacoma Washington-based  company is expected to report
 a
15.6% decrease in revenue to $465.296 million from $551.52
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. The company's guidance on
February 1 2023, for the period ended March 31, was for revenue
between $452.24 million and $479.82 million.
    * ​Refinitiv's mean analyst estimate for TrueBlue Inc is for
a
loss of 11 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 13.6%
in the last three months. ​
    * Wall Street's median 12-month price target for TrueBlue
Inc is
$21​, above​ its last closing price of $17.45. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  0.36        0.38       0.43      Beat    12.4
 Sep. 30 2022  0.75        0.75       0.75      Met     0.3
 Jun. 30 2022  0.54        0.54       0.82      Beat    53.3​
 Mar. 31 2022  0.36        0.36       0.44      Beat    23.9
 ​​Dec.        0.42        0.43       0.69      Beat    61.4
 31 2021                                                
 Sep. 30 2021  0.63        0.60       0.59      Missed  -1.3​
 Jun. 30 2021  0.38        0.39       0.47      Beat    21.8
 Mar. 31 2021  -0.06       -0.06      0.25      Beat    508.2
 This summary was machine generated April 21 at 23:21 GMT.  All
figures in US dollars  unless otherwise stated