Q1 2025 Earnings Estimate for TrueBlue, Inc. (NYSE:TBI) Issued By Sidoti Csr

TrueBlue, Inc. (NYSE:TBI) – Sidoti Csr increased their Q1 2025 earnings per share estimates for shares of TrueBlue in a note issued to investors on Tuesday, May 7th. Sidoti Csr analyst M. Riddick now anticipates that the business services provider will earn $0.20 per share for the quarter, up from their prior estimate of $0.19. The consensus estimate for TrueBlue’s current full-year earnings is ($0.51) per share. Sidoti Csr also issued estimates for TrueBlue’s Q2 2025 earnings at $0.25 EPS, Q3 2025 earnings at $0.35 EPS, Q4 2025 earnings at $0.37 EPS and FY2025 earnings at $1.16 EPS.

A number of other analysts have also issued reports on TBI. BMO Capital Markets dropped their price objective on shares of TrueBlue from $15.00 to $13.00 and set an “outperform” rating on the stock in a research note on Wednesday. Robert W. Baird lowered their target price on TrueBlue from $14.00 to $13.00 and set an “outperform” rating for the company in a research note on Tuesday.

TrueBlue Stock Up 5.9 %

TrueBlue stock opened at $11.17 on Thursday. The firm has a fifty day moving average of $11.36 and a 200-day moving average of $12.85. TrueBlue has a 52-week low of $10.15 and a 52-week high of $19.06. The firm has a market capitalization of $350.46 million, a P/E ratio of -24.81 and a beta of 1.51.

TrueBlue (NYSE:TBI) last announced its quarterly earnings data on Monday, May 6th. The business services provider reported $0.03 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.43) by $0.46. The company had revenue of $403.00 million during the quarter, compared to analysts’ expectations of $400.24 million. TrueBlue had a negative net margin of 0.74% and a positive return on equity of 2.39%. The business’s quarterly revenue was down 13.4% compared to the same quarter last year. During the same period in the previous year, the company earned ($0.06) EPS.

Institutional Trading of TrueBlue

Several hedge funds have recently bought and sold shares of the company. Assenagon Asset Management S.A. acquired a new stake in shares of TrueBlue in the 3rd quarter worth approximately $1,451,000. FMR LLC boosted its position in shares of TrueBlue by 7,980.1% in the third quarter. FMR LLC now owns 337,831 shares of the business services provider’s stock worth $4,956,000 after buying an additional 333,650 shares during the period. Jacobs Levy Equity Management Inc. increased its holdings in shares of TrueBlue by 1.6% in the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 300,211 shares of the business services provider’s stock valued at $4,404,000 after purchasing an additional 4,841 shares during the period. First Hawaiian Bank lifted its position in TrueBlue by 36.0% in the 4th quarter. First Hawaiian Bank now owns 35,174 shares of the business services provider’s stock worth $540,000 after buying an additional 9,314 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. raised its holdings in shares of TrueBlue by 7.6% during the third quarter. Charles Schwab Investment Management Inc. now owns 820,728 shares of the business services provider’s stock worth $12,040,000 after acquiring an additional 58,254 shares in the last quarter. 97.15% of the stock is currently owned by institutional investors.

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.