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TBIBearishEarningsnews
Materiality pending

TrueBlue (TBI) Tops Q1 Earnings and Revenue Estimates

May 6, 2024, 6:55 PM EDT1 sourcesAI-analyzed

AI summary

What happened, with direct paths to the underlying reporting

- TrueBlue reported quarterly earnings of $0.03 per share, beating estimates by 106.98% - Revenues for the quarter were $402.85 million, exceeding estimates by 1.47% - TrueBlue shares have declined 31.1% year-to-date, underperforming the S&P 500 - Estimate revisions for TrueBlue are mixed, leading to a Zacks Rank #3 (Hold) Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Earnings

  • TrueBlue reported quarterly earnings of $0.03 per share, beating estimates by 106.98%
  • Revenues for the quarter were $402.85 million, exceeding estimates by 1.47%
  • TrueBlue shares have declined 31.1% year-to-date, underperforming the S&P 500
  • Estimate revisions for TrueBlue are mixed, leading to a Zacks Rank #3 (Hold)

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