TrueBlue Inc reports results for the quarter ended December 31 - Earnings Summary

Trueblue

19/02/2025 22:54

* TrueBlue Inc  TBI.N  reported a quarterly adjusted loss
of 2
cents​​ per share for the quarter ended December 31, lower than
the same quarter last year, when the company reported EPS of 8
cents.  The mean expectation of four analysts for the quarter
was for a loss of 16 cents per share. Wall Street expected
results to range from -25 cents to -10 cents per share.
    * Revenue fell 21.6% to $385.95 million from a year ago;
analysts
expected $385.00 million. 
    * TrueBlue Inc's reported EPS for the quarter was a loss
of 40
cents​.
    * The company reported a quarterly loss of $11.71 million.
    * TrueBlue Inc shares had fallen by 12.1% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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 average consensus recommendation for the employment
services
peer group is also "buy"

Wall Street's median 12-month price target for TrueBlue Inc is
$12.00 
This summary was machine generated from LSEG data February 19 at
10:54 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      -0.16          -0.02          Beat
 Sep. 30 2024      -0.15          -0.11          Beat
 Jun. 30 2024      -0.05          -0.35          Missed
 Mar. 31 2024      -0.37          0.03           Beat