* TrueBlue Inc reported a quarterly adjusted loss of 11 cents per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of 16 cents. The mean expectation of four analysts for the quarter was for a loss of 15 cents per share. Wall Street expected results to range from -26 cents to -5 cents per share.
* Revenue fell 19.2% to $382.36 million from a year ago; analysts expected $386.08 million.
* TrueBlue Inc's reported EPS for the quarter was a loss of 26 cents.
* The company reported a quarterly loss of $7.64 million.
* TrueBlue Inc shares had fallen by 2.9% this quarter and lost 50.1% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had fallen by about 106.7% 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 11.00 This summary was machine generated from LSEG data November 5 at 07:50 a.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) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Sep. 30 2024 -0.15 -0.11 Beat
Jun. 30 2024 -0.05 -0.35 Missed
Mar. 31 2024 -0.37 0.03 Beat
Dec. 31 2023 0.01 0.08 Beat
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