TrueBlue Inc reports results for the quarter ended in June - Earnings Summary

Trueblue

24/07/2023 22:01

* TrueBlue Inc  TBI.N  reported quarterly adjusted earnings
of 17
cents​​ per share for the quarter ended in June. The mean
expectation of four analysts for the quarter was for earnings of
23 cents per share.
    * Revenue fell 16.5% to $475.59 million from a year ago;
analysts
expected $496.11 million. 
    * TrueBlue Inc's reported EPS for the quarter was a loss
of 24
cents​.
    * The mean earnings estimate of analysts had fallen by
about 14.3%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * TrueBlue Inc shares had risen by 2.1% this quarter and
lost 7.6%
so far this year.
    * The company reported a quarterly loss of $7.32 million.
    * Wall Street's median 12-month price target for TrueBlue
Inc is
$20.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data July
24 at 09:01 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.23           0.17           Missed
 Mar. 31 2023      -0.11          -0.06          Beat
 Dec. 31 2022      0.38           0.43           Beat
 Sep. 30 2022      0.75           0.75           Met