TrueBlue Inc expected to post earnings of 1 cent a share - Earnings Preview

Trueblue

19/02/2024 22:46

* TrueBlue Inc  TBI.N   TBI  is expected to show a fall in
quarterly revenue when it reports  results on February 21 for
the period ending December 31 2023
    * The Tacoma Washington-based  company is expected to report
a
15.3% decrease in revenue to $472.53 million from $557.7 million
a year ago, according to the mean estimate from 3 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for TrueBlue Inc is for
earnings
of 1 cent 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
$18.00​, above​ its last closing price of $12.74. ​​​

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 2023  0.24        0.24       0.16      Missed  -31.9
 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
 ​​Sep.        0.75        0.75       0.75      Met     0.3
 30 2022                                                
 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. 31 2021  0.42        0.43       0.69      Beat    61.4
 This summary was machine generated February 19 at 22:46 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)