TrueBlue Inc expected to post earnings of 24  cents a share - Earnings Preview

Trueblue

20/10/2023 23:55

* TrueBlue Inc  TBI.N   TBI  is expected to show a fall in
quarterly revenue when it reports  results on October 23. 
    * The Tacoma Washington-based  company is expected to report
 a
15.1% decrease in revenue to $488.941 million from $575.72
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. The company's guidance on
July 24 2023, for the period ended September 30, was for revenue
between $483.61 million and $506.63 million.
    * ​Refinitiv's mean analyst estimate for TrueBlue Inc is for
earnings of 24 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
$20​, above​ its last closing price of $13.91. ​​​

The company's guidance on July 24 2023 for the period ended
September 30 was for Capital Expenditures of USD11 million.The
company's guidance on July 24 2023 for the period ended
September 30 was for gross profit margin between USD27.08% and
USD27.48%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 30 2022  0.75        0.75       0.75      Met     0.3
 ​​Jun.        0.54        0.54       0.82      Beat    53.3
 30 2022                                                
 Mar. 31 2022  0.36        0.36       0.44      Beat    23.9​
 Dec. 31 2021  0.42        0.43       0.69      Beat    61.4
 Sep. 30 2021  0.63        0.60       0.59      Missed  -1.3
 This summary was machine generated October 20 at 22:55 GMT.  All
figures in US dollars  unless otherwise stated