TrueBlue Inc <TBI.N> expected to post a loss of 16 cents a share - Earnings Preview

• 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). ​

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)