TrueBlue Inc expected to post a loss of 16 cents a share - Earnings Preview

Reuters
02-18
<a href="https://laohu8.com/S/TBI">TrueBlue</a> Inc <tbi.n> expected to post a loss of 16 cents a share - Earnings Preview </tbi.n>
  • TrueBlue Inc TBI.N, TBI is expected to show a fall in quarterly revenue when it reports results on February 19 for the period ending December 31 2024

  • The Tacoma Washington-based company is expected to report a 21.8% decrease in revenue to $385.004 million from $492.17 million a year ago, according to the mean estimate from 3 analysts, based on LSEG data.The company's guidance on November 4 2024, for the period ended December 31, was for revenue between $377.00 million and $402.00 million.

  • ​LSEG's mean analyst estimate for TrueBlue Inc is for a loss of 16 cents per share.

  • 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 mean earnings estimate of analysts was unchanged in the last three months. ​

  • Wall Street's median 12-month price target for TrueBlue Inc is $12.00​, above​ its last closing price of $7.51. ​​​

The company's guidance on November 4 2024 for the period ended December 31 was for Capital Expenditures between USD4 million and USD8 million.The company's guidance on November 4 2024 for the period ended December 31 was for gross profit margin between USD25.1% and USD25.5%.

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Sep. 30 2024

-0.15

-0.15

-0.11

Beat

29

Jun. 30 2024

-0.04

-0.05

-0.35

Missed

-636.8

Mar. 31 2024

-0.37

-0.37

0.03

Beat

108.1​

Dec. 31 2023

0.00

0.01

0.08

Beat

700

​​Sep. 30 2023

0.24

0.24

0.16

Missed

-31.9

Jun. 30 2023

0.22

0.23

0.17

Missed

-24.4​

Mar. 31 2023

-0.12

-0.11

-0.06

Beat

45.5

Dec. 31 2022

0.36

0.38

0.43

Beat

12.4

This summary was machine generated February 17 at 21:26 GMT. 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)

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