TrueBlue, Inc. (NYSE:TBI) to Post Q1 2025 Earnings of $0.20 Per Share, Sidoti Csr Forecasts

TrueBlue, Inc. (NYSE:TBI) – Equities researchers at Sidoti Csr lifted 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 forecast 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.

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

Several other research firms also recently weighed in on TBI. BMO Capital Markets dropped their price target on TrueBlue from $15.00 to $13.00 and set an “outperform” rating for the company in a research report on Wednesday. Robert W. Baird cut their target price on shares of TrueBlue from $14.00 to $13.00 and set an “outperform” rating for the company in a research note on Tuesday.

TrueBlue Price Performance

TBI stock opened at $10.55 on Thursday. TrueBlue has a 12 month low of $10.15 and a 12 month high of $19.06. The firm has a market capitalization of $331.00 million, a PE ratio of -23.43 and a beta of 1.51. The company’s 50 day simple moving average is $11.38 and its 200-day simple moving average is $12.86.

Institutional Trading of TrueBlue

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Quest Partners LLC purchased a new stake in shares of TrueBlue during the fourth quarter valued at approximately $74,000. Quantbot Technologies LP acquired a new stake in shares of TrueBlue during the third quarter valued at about $158,000. Jump Financial LLC acquired a new position in shares of TrueBlue in the third quarter worth about $162,000. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in TrueBlue by 46.3% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 11,483 shares of the business services provider’s stock valued at $168,000 after purchasing an additional 3,635 shares during the last quarter. Finally, Maryland State Retirement & Pension System purchased a new stake in TrueBlue during the 4th quarter worth approximately $175,000. 97.15% of the stock is currently owned by institutional investors and hedge funds.

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.