TrueBlue, Inc. (NYSE:TBI) is set to release its earnings data after the market closes on Tuesday, July 18th. Analysts expect TrueBlue to post earnings of $0.42 per share for the quarter. TrueBlue has set its Q2 guidance at $0.38-0.43 EPS.

TrueBlue (NYSE:TBI) last issued its quarterly earnings data on Monday, May 1st. The business services provider reported $0.21 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.12 by $0.09. TrueBlue had a negative net margin of 0.66% and a positive return on equity of 16.30%. The company had revenue of $568.24 million during the quarter, compared to the consensus estimate of $569.85 million. During the same quarter in the prior year, the firm earned $0.27 earnings per share. The firm’s revenue was down 12.0% compared to the same quarter last year. On average, analysts expect TrueBlue to post $1.76 EPS for the current fiscal year and $1.99 EPS for the next fiscal year.

Shares of TrueBlue, Inc. (NYSE:TBI) opened at 26.55 on Friday. TrueBlue, Inc. has a 12 month low of $16.50 and a 12 month high of $28.70. The company’s market cap is $1.11 billion. The stock’s 50 day moving average is $26.71 and its 200 day moving average is $25.91.

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In other news, EVP James E. Defebaugh sold 5,000 shares of TrueBlue stock in a transaction on Monday, May 8th. The shares were sold at an average price of $27.00, for a total value of $135,000.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Steven C. Cooper sold 40,000 shares of TrueBlue stock in a transaction on Friday, May 5th. The shares were sold at an average price of $27.03, for a total transaction of $1,081,200.00. Following the completion of the sale, the chief executive officer now owns 218,171 shares of the company’s stock, valued at approximately $5,897,162.13. The disclosure for this sale can be found here. Insiders sold a total of 90,000 shares of company stock valued at $2,479,200 in the last quarter. 2.00% of the stock is currently owned by company insiders.

Several research firms have recently weighed in on TBI. BMO Capital Markets reiterated a “sell” rating and issued a $25.00 price objective on shares of TrueBlue in a research note on Wednesday, May 3rd. Zacks Investment Research lowered shares of TrueBlue from a “buy” rating to a “hold” rating in a research note on Thursday. Four equities research analysts have rated the stock with a hold rating, The stock presently has an average rating of “Hold” and a consensus target price of $22.50.

TrueBlue Company Profile

TrueBlue, Inc is a provider of specialized workforce solutions. The Company is engaged in providing staffing, on-site workforce management and recruitment process outsourcing services. The Company operates through three segments: PeopleReady, PeopleManagement and PeopleScout. Its PeopleReady segment provides blue-collar contingent staffing through the PeopleReady service line.

Earnings History for TrueBlue (NYSE:TBI)

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