TrueBlue Q2 revenue misses estimates

Trueblue

04/08/2025 21:19

Overview

TrueBlue Q2 revenue flat yr/yr, missing analyst expectations, per LSEG data

Adjusted EPS beats analyst estimates

Outlook

TrueBlue expects company-wide growth in Q3 2025

Company anticipates double-digit growth in skilled businesses

TrueBlue sees momentum in healthcare and energy markets

Company focuses on expanding client relationships and operational efficiency

Result Drivers

SKILLED TRADES GROWTH - TrueBlue reports double-digit growth in skilled trades, contributing positively to results

STRATEGIC INVESTMENTS - Co invests in proprietary technologies to address evolving user needs and drive competitive advantage

CLIENT RELATIONSHIPS - Focus on retaining and expanding existing relationships and winning new business, per CEO Taryn Owen

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Miss
$396 mln
$400.50 mln (3 Analysts)
Q2 Adjusted EPS
Beat
-$0.07
-$0.1 (4 Analysts)
Q2 Net Income


Analyst Coverage

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 "buy"

Wall Street's median 12-month price target for TrueBlue Inc is $7.00, about 5% above its August 1 closing price of $6.65

Press Release: ID:nBw2nZJsRa

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)