TrueBlue Inc expected to post a loss of 16 cents a share - Earnings Preview

Trueblue

17/02/2025 21:26

* TrueBlue Inc  TBI.N   TBI  is expected to show a fall in
quarterly revenue when it reports  results on February 19 for
the period ending December 31 2024
    * The Tacoma Washington-based  company is expected to report
a
21.8% decrease in revenue to $385.004 million from $492.17
million a year ago, according to the mean estimate from 3
analysts, based on LSEG data.The company's guidance on November
4 2024, for the period ended December 31, was for revenue
between $377.00 million and $402.00 million.
    * ​LSEG's mean analyst estimate for TrueBlue Inc is for a
loss
of 16 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for TrueBlue
Inc is
$12.00​, above​ its last closing price of $7.51. ​​​

The company's guidance on November 4 2024 for the period ended
December 31 was for Capital Expenditures between USD4 million
and USD8 million.The company's guidance on November 4 2024 for
the period ended December 31 was for gross profit margin between
USD25.1% and USD25.5%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2024  -0.15       -0.15      -0.11     Beat    29
 Jun. 30 2024  -0.04       -0.05      -0.35     Missed  -636.8
 Mar. 31 2024  -0.37       -0.37      0.03      Beat    108.1​
 Dec. 31 2023  0.00        0.01       0.08      Beat    700
 ​​Sep.        0.24        0.24       0.16      Missed  -31.9
 30 2023                                                
 Jun. 30 2023  0.22        0.23       0.17      Missed  -24.4​
 Mar. 31 2023  -0.12       -0.11      -0.06     Beat    45.5
 Dec. 31 2022  0.36        0.38       0.43      Beat    12.4
 This summary was machine generated February 17 at 21:26 GMT. 
All figures in US dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)