TrueBlue Inc expected to post earnings of 23  cents a share - Earnings Preview

Trueblue

22/07/2023 03:01

* TrueBlue Inc  TBI.N   TBI  is expected to show a fall in
quarterly revenue when it reports  results on July 24. 
    * The Tacoma Washington-based  company is expected to report
 a
12.8% decrease in revenue to $496.115 million from $569.25
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. The company's guidance on
April 24 2023, for the period ended June 30, was for revenue
between $489.56 million and $512.33 million.
    * ​Refinitiv's mean analyst estimate for TrueBlue Inc is for
earnings of 23 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "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
$20​, above​ its last closing price of $18.09. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  -0.12       -0.11      -0.06     Beat    45.5
 Dec. 31 2023  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.        0.36        0.36       0.44      Beat    23.9
 31 2022                                                
 Dec. 31 2021  0.42        0.43       0.69      Beat    61.4​
 Sep. 30 2021  0.63        0.60       0.59      Missed  -1.3
 Jun. 30 2021  0.38        0.39       0.47      Beat    21.8
 This summary was machine generated July 22 at 02:01 GMT.  All
figures in US dollars  unless otherwise stated