TrueBlue (TBI) Scheduled to Post Earnings on Monday

TrueBlue (NYSE:TBI) is scheduled to post its quarterly earnings results after the market closes on Monday, May 6th. Analysts expect TrueBlue to post earnings of ($0.43) per share for the quarter. TrueBlue has set its Q1 2024 guidance at EPS.Individual that wish to register for the company’s earnings conference call can do so using this link.

TrueBlue (NYSE:TBI) last announced its quarterly earnings data on Wednesday, February 21st. The business services provider reported $0.08 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.15) by $0.23. The firm had revenue of $492.17 million for the quarter, compared to analyst estimates of $472.53 million. TrueBlue had a positive return on equity of 2.39% and a negative net margin of 0.74%. TrueBlue’s quarterly revenue was down 11.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.43 earnings per share. On average, analysts expect TrueBlue to post $-1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

TrueBlue Stock Performance

NYSE:TBI opened at $10.57 on Friday. TrueBlue has a 1 year low of $10.15 and a 1 year high of $19.06. The stock has a fifty day moving average price of $11.44 and a two-hundred day moving average price of $12.94. The stock has a market capitalization of $331.79 million, a price-to-earnings ratio of -23.49 and a beta of 1.51.

About TrueBlue

TrueBlue, Inc, together with its subsidiaries, provides specialized workforce solutions in the United States, Canada, the United Kingdom, Australia, and Puerto Rico. It operates through three segments: PeopleReady, PeopleManagement, and PeopleScout. The company PeopleReady segment provides general, industrial, and skilled trade contingent staffing services for construction, transportation, manufacturing, retail, hospitality, and renewable energy industries.