TrueBlue (NYSE:TBI) Issues Quarterly Earnings Results, Misses Estimates By $0.17 EPS

TrueBlue (NYSE:TBI - Get Free Report) posted its quarterly earnings data on Monday. The business services provider reported ($0.40) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.23) by ($0.17), Zacks reports. The firm had revenue of $370.25 million during the quarter, compared to analysts' expectations 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 Stock Up 6.5 %

NYSE TBI traded up $0.26 during trading hours on Thursday, reaching $4.24. 105,136 shares of the company's stock traded hands, compared to its average volume of 232,233. The firm has a market cap of $126.42 million, a PE ratio of -1.02, a PEG ratio of 3.01 and a beta of 1.39. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.73 and a quick ratio of 1.85. TrueBlue has a 52-week low of $3.45 and a 52-week high of $12.29. The firm has a 50-day simple moving average of $4.99 and a 200 day simple moving average of $6.74.

Wall Street Analysts Forecast Growth

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

Insider Buying and Selling

In other news, CFO Carl Schweihs bought 10,000 shares of the stock in a transaction that occurred on Monday, February 24th. The shares were bought at an average price of $6.25 per share, for a total transaction of $62,500.00. Following the purchase, the chief financial officer now owns 166,551 shares in the company, valued at $1,040,943.75. This represents a 6.39 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available through this link. Also, CEO Taryn R. Owen acquired 12,735 shares of the business's stock in a transaction dated Wednesday, February 26th. The shares were purchased at an average price of $5.94 per share, with a total value of $75,645.90. Following the transaction, the chief executive officer now owns 414,932 shares of the company's stock, valued at approximately $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 have purchased 25,235 shares of company stock worth $151,271 in the last 90 days. Insiders own 5.00% of the company's stock.

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.