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

Trueblue

24/04/2023 23:05

* TrueBlue Inc  TBI.N  reported a quarterly adjusted loss
of 6
cents​​ per share for the quarter ended in March. The mean
expectation of four analysts for the quarter was for a loss
of 11 cents per share.
    * Revenue fell 15.6% to $465.29 million from a year ago;
analysts
expected $465.30 million. 
    * TrueBlue Inc's reported EPS for the quarter was a loss
of 13
cents​.
    * The mean earnings estimate of analysts had fallen by
about 160%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * TrueBlue Inc shares had fallen by 2.0% this quarter and
lost 10.9% so far this year.
    * The company reported a quarterly loss of $4.29 million.
    * Wall Street's median 12-month price target for TrueBlue
Inc is
$21.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
April 24 at 10:05 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Jun. 30 2022      0.54           0.82           Beat