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TrueBlue Q1 2023 Earnings Report

TrueBlue logo
$7.98 -0.36 (-4.32%)
(As of 12/23/2024 05:16 PM ET)

TrueBlue EPS Results

Actual EPS
-$0.06
Consensus EPS
-$0.11
Beat/Miss
Beat by +$0.05
One Year Ago EPS
$0.44

TrueBlue Revenue Results

Actual Revenue
$465.29 million
Expected Revenue
$465.30 million
Beat/Miss
Missed by -$10.00 thousand
YoY Revenue Growth
-15.60%

TrueBlue Announcement Details

Quarter
Q1 2023
Time
After Market Closes

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TrueBlue Earnings Headlines

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About TrueBlue

TrueBlue (NYSE:TBI), 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. The PeopleManagement segment offers contingent, on-site industrial staffing, and commercial driver services, which includes on-site management and recruitment for the contingent industrial workforce of manufacturing, warehousing, and distribution facilities; and recruitment and management of contingent and dedicated commercial drivers to the transportation and distribution industries under the Staff Management, SIMOS Insourcing Solutions, and Centerline Drivers brands. The company PeopleScout segment provides recruitment process outsourcing, talent advisory services, and managed service provider solutions including sourcing, screening, hiring, and onboarding services; operates Affinix, a technology platform for sourcing, screening, and delivering a permanent workforce to its clients; talent advisory services, such as employer branding, recruitment marketing, talent insights, diversity, equity and inclusion consulting, candidate assessment, and talent acquisition strategy consulting services; and contingent labor programs including vendor selection, performance management, compliance monitoring, and risk management. TrueBlue, Inc. was formerly known as Labor Ready, Inc. and changed its name to TrueBlue, Inc. in December 2007. The company was incorporated in 1985 and is headquartered in Tacoma, Washington.

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