TrueBlue (TBI) Projected to Post Quarterly Earnings on Wednesday

TrueBlue (NYSE:TBI) is expected to be issuing 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 Trading Up 2.0 %

Shares of TBI opened at $7.42 on Wednesday. The firm has a market cap of $219.19 million, a P/E ratio of -1.93, a PEG ratio of 3.66 and a beta of 1.42. TrueBlue has a 12 month low of $6.63 and a 12 month high of $13.61. The stock’s 50 day moving average is $8.04 and its two-hundred day moving average is $7.96.

Wall Street Analysts Forecast Growth

TBI has been the topic of a number of research analyst reports. StockNews.com lowered TrueBlue from a “hold” rating to a “sell” rating in a research note on Thursday, February 6th. BMO Capital Markets dropped their target price 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.

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.