TrueBlue: Q2 Earnings Insights

Shares of TrueBlue TBI were unchanged in after-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share decreased 118.75% over the past year to ($0.12), which beat the estimate of ($0.42).

Revenue of $358,944,000 decreased by 39.02% year over year, which beat the estimate of $347,160,000.

Outlook

Earnings guidance hasn't been issued by the company for now.

Revenue guidance hasn't been issued by the company for now.

How To Listen To The Conference Call

Date: Jul 27, 2020

Time: 05:00 PM

ET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Finvestor.trueblue.com%2Fnews-and-events%2Fevents%2Fevent-details%2F2020%2FQ2-2020-TrueBlue-Earnings-Conference-Call%2Fdefault.aspx&eventid=2395123&sessionid=1&key=699AF2AF9CFDEBEC9449388FDDC7756D&regTag=&sourcepage=register

Technicals

Company's 52-week high was at $24.98

52-week low: $12.02

Price action over last quarter: down 7.13%

Company Profile

TrueBlue Inc is a provider of staffing and workforce management solutions. The company's reportable segments include PeopleReady offers industrial staffing services. PeopleManagement offers contingent and productivity-based on-site industrial staffing services and PeopleScout offers recruitment process outsourcing and managed service provider services. It generates maximum revenue from the PeopleReady segment.