TrueBlue (TBI) Expected to Announce Quarterly Earnings on Tuesday

Key Points

• TrueBlue will report Q1 2026 results after the market close on May 5; analysts expect ($0.45) EPS and $390.51 million in revenue.
• In the prior quarter the company missed EPS estimates (reported ($0.25) vs. expected ($0.08)) despite revenue of $418.18 million, and it currently shows a negative net margin and negative return on equity.
• Company insiders (CEO and CFO) bought shares in February, insiders own about 5% while institutional investors own ~97%; Wall Street’s consensus is a Hold with an average price target of $5.75.

TrueBlue (NYSE:TBI - Get Free Report) will likely be issuing its Q1 2026 results after the market closes on Tuesday, May 5th. Analysts expect the company to announce earnings of ($0.45) per share and revenue of $390.51 million for the quarter. Parties may visit the the company's upcoming Q1 2026 earning results page for the latest details on the call scheduled for Tuesday, May 5, 2026 at 5:00 PM ET.

TrueBlue (NYSE:TBI - Get Free Report) last posted its quarterly earnings data on Wednesday, February 18th. The business services provider reported ($0.25) EPS for the quarter, missing analysts' consensus estimates of ($0.08) by ($0.17). The business had revenue of $418.18 million during the quarter, compared to analysts' expectations of $413.31 million. TrueBlue had a negative net margin of 2.97% and a negative return on equity of 6.87%. On average, analysts expect TrueBlue to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

TrueBlue Stock Down 0.6%

TrueBlue stock opened at $4.74 on Tuesday. The stock has a market capitalization of $143.94 million, a PE ratio of -2.96, a price-to-earnings-growth ratio of 4.26 and a beta of 1.47. TrueBlue has a 12 month low of $3.18 and a 12 month high of $7.78. The business has a 50 day simple moving average of $3.95 and a 200-day simple moving average of $4.65. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.15 and a quick ratio of 2.15.

Wall Street Analyst Weigh In

TBI has been the subject of a number of recent analyst reports. Robert W. Baird set a $5.50 price objective on TrueBlue in a research report on Thursday, February 19th. Zacks Research upgraded TrueBlue from a "strong sell" rating to a "hold" rating in a research report on Monday, April 20th. Wall Street Zen upgraded TrueBlue from a "sell" rating to a "hold" rating in a research report on Saturday, April 4th. Finally, Weiss Ratings reiterated a "sell (d-)" rating on shares of TrueBlue in a research report on Monday, December 29th. One research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, TrueBlue has a consensus rating of "Hold" and an average price target of $5.75.

Insider Activity at TrueBlue

In other news, CEO Taryn R. Owen purchased 20,400 shares of the company's stock in a transaction that occurred on Tuesday, February 24th. The stock was purchased at an average cost of $3.79 per share, for a total transaction of $77,316.00. Following the completion of the transaction, the chief executive officer owned 791,807 shares of the company's stock, valued at $3,000,948.53. This trade represents a 2.64% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Carl Schweihs purchased 12,500 shares of the company's stock in a transaction that occurred on Monday, February 23rd. The shares were purchased at an average price of $3.72 per share, with a total value of $46,500.00. Following the completion of the transaction, the chief financial officer directly owned 289,069 shares of the company's stock, valued at $1,075,336.68. This represents a 4.52% increase in their position. The disclosure for this purchase is available in the SEC filing. 5.00% of the stock is currently owned by insiders.

Institutional Trading of TrueBlue

Several large investors have recently added to or reduced their stakes in TBI. Boston Partners grew its holdings in TrueBlue by 107.7% in the 3rd quarter. Boston Partners now owns 1,614,404 shares of the business services provider's stock valued at $9,895,000 after buying an additional 837,123 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in TrueBlue by 32.4% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,012,217 shares of the business services provider's stock valued at $9,156,000 after acquiring an additional 492,984 shares during the period. Prosight Management LP grew its holdings in shares of TrueBlue by 456.8% in the fourth quarter. Prosight Management LP now owns 442,554 shares of the business services provider's stock valued at $2,014,000 after purchasing an additional 363,078 shares in the last quarter. Russell Investments Group Ltd. grew its stake in shares of TrueBlue by 80.8% in the fourth quarter. Russell Investments Group Ltd. now owns 656,233 shares of the business services provider's stock worth $2,986,000 after acquiring an additional 293,363 shares in the last quarter. Finally, Invenomic Capital Management LP grew its stake in TrueBlue by 60.5% during the 4th quarter. Invenomic Capital Management LP now owns 442,225 shares of the business services provider's stock worth $2,012,000 after purchasing an additional 166,660 shares in the last quarter. 97.15% of the stock is currently owned by hedge funds and other institutional investors.

TrueBlue Company Profile

TrueBlue, Inc is a Tacoma, Washington–based workforce solutions provider specializing in temporary staffing, permanent placement and managed service solutions. Operating through its subsidiaries and brands, TrueBlue connects clients across manufacturing, logistics, retail, construction and public sector markets with skilled professionals for both short-term and long-term engagements. The company's offerings encompass on-demand blue-collar labor, specialized industrial staffing, recruitment process outsourcing (RPO) and contingent workforce management.

TrueBlue's primary service lines include PeopleReady, which supplies general labor for construction, hospitality and event services; PeopleManagement, which focuses on technical and industrial professionals; PeopleScout, a global RPO business offering end-to-end talent acquisition and consulting; and Staff Management | SMX, which delivers seasonal staffing for large-scale events, amusement parks and federal workforce contracts.

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