TrueBlue (NYSE:TBI) Posts Earnings Results, Misses Expectations By $0.17 EPS

TrueBlue (NYSE:TBI - Get Free Report) released its earnings results on Monday. The business services provider reported ($0.40) earnings per share for the quarter, missing the consensus estimate of ($0.23) by ($0.17), Zacks reports. The business had revenue of $370.25 million for the quarter, compared to the consensus estimate of $362.37 million. TrueBlue had a negative return on equity of 3.90% and a negative net margin of 8.02%. TrueBlue updated its Q2 2025 guidance to EPS.

TrueBlue Trading Up 2.8 %

NYSE TBI traded up $0.12 on Friday, hitting $4.39. The company's stock had a trading volume of 355,556 shares, compared to its average volume of 232,580. The firm has a market cap of $130.89 million, a PE ratio of -1.06, a PEG ratio of 3.01 and a beta of 1.39. TrueBlue has a 1-year low of $3.45 and a 1-year high of $12.29. The company's 50-day moving average is $4.94 and its 200 day moving average is $6.69. The company has a quick ratio of 1.85, a current ratio of 1.73 and a debt-to-equity ratio of 0.02.

Insider Buying and Selling

In related news, CFO Carl Schweihs acquired 10,000 shares of TrueBlue stock in a transaction dated Monday, February 24th. The stock was bought at an average price of $6.25 per share, with a total value of $62,500.00. Following the transaction, the chief financial officer now directly owns 166,551 shares in the company, valued at $1,040,943.75. This represents a 6.39 % increase in their position. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Taryn R. Owen bought 12,735 shares of the business's stock in a transaction that occurred on Wednesday, February 26th. The shares were bought at an average cost of $5.94 per share, for a total transaction of $75,645.90. Following the completion of the purchase, the chief executive officer now owns 414,932 shares of the company's stock, valued at $2,464,696.08. This represents a 3.17 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders purchased a total of 25,235 shares of company stock valued at $151,271 in the last three months. Insiders own 5.00% of the company's stock.

Analyst Ratings Changes

Separately, StockNews.com upgraded shares of TrueBlue from a "sell" rating to a "hold" rating in a research note on Sunday, March 2nd.

About TrueBlue

TrueBlue, Inc, together with its subsidiaries, provides specialized workforce solutions in the United States, Canada, the United Kingdom, Australia, and Puerto Rico. It operates through three segments: PeopleReady, PeopleManagement, and PeopleScout. The company PeopleReady segment provides general, industrial, and skilled trade contingent staffing services for construction, transportation, manufacturing, retail, hospitality, and renewable energy industries.