TrueBlue Inc expected to post earnings of 38cents a share - Earnings Preview

Trueblue

30/01/2023 21:09

* TrueBlue Inc  TBI.N   TBI  is expected to show a fall in
quarterly revenue when it reports  results on February 1. 
    * The Tacoma Washington-based  company is expected to report
 a
9.5% decrease in revenue to $562.934 million from $621.93
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. The company's guidance on
October 24 2022, for the period ended December 31, was for
revenue between $550.00 million and $575.00 million.
    * ​Refinitiv's mean analyst estimate for TrueBlue Inc is for
earnings of 38 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 was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for TrueBlue
Inc is
$23​, above​ its last closing price of $19.09. ​​​

The company's guidance on October 24 2022 for the period ended
December 31 was for Capital Expenditures of USD11 million.The
company's guidance on October 24 2022 for the period ended
December 31 was for gross profit margin between USD26.12% and
USD26.52%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 31 2021  0.42        0.43       0.69      Beat    61.4
 ​​Sep.        0.63        0.60       0.59      Missed  -1.3
 30 2021                                                
 Jun. 30 2021  0.38        0.39       0.47      Beat    21.8​
 Mar. 31 2021  -0.06       -0.06      0.25      Beat    508.2
 Dec. 31 2020  0.13        0.18       0.33      Beat    84.8
 This summary was machine generated January 30 at 21:08 GMT.  All
figures in US dollars  unless otherwise stated