TrueBlue (TBI) Projected to Post Quarterly Earnings on Wednesday

TrueBlue (NYSE:TBI) is expected to issue its quarterly earnings data after the market closes on Wednesday, February 19th. Analysts expect the company to announce earnings of ($0.16) per share and revenue of $385.04 million for the quarter. Parties interested in listening to the company’s conference call can do so using this link.

TrueBlue Stock Up 1.5 %

Shares of TBI opened at $7.51 on Tuesday. The company’s fifty day moving average is $7.99 and its 200-day moving average is $7.83. TrueBlue has a 12 month low of $6.63 and a 12 month high of $13.08. The firm has a market cap of $221.94 million, a price-to-earnings ratio of -1.96, a price-to-earnings-growth ratio of 3.66 and a beta of 1.42.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on TBI. StockNews.com upgraded shares of TrueBlue from a “sell” rating to a “hold” rating in a research note on Friday. BMO Capital Markets reduced their price target on shares of TrueBlue from $11.00 to $10.00 and set an “outperform” rating for the company in a report on Tuesday, November 5th.

TrueBlue Company Profile

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.