TrueBlue Inc reports results for the quarter ended December 31 - Earnings Summary

• TrueBlue Inc TBI.N reported a quarterly adjusted loss of 2 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 8 cents. The mean expectation of four analysts for the quarter was for a loss of 16 cents per share. Wall Street expected results to range from -25 cents to -10 cents per share.

• Revenue fell 21.6% to $385.95 million from a year ago; analysts expected $385.00 million.

• TrueBlue Inc's reported EPS for the quarter was a loss of 40 cents​.

• The company reported a quarterly loss of $11.71 million.

• TrueBlue Inc shares had fallen by 12.1% this quarter.

FORECAST CHANGES

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

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• 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 also "buy"

Wall Street's median 12-month price target for TrueBlue Inc is $12.00

This summary was machine generated from LSEG data February 19 at 10:54 p.m. UTC. ​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)