TrueBlue (TBI) Projected to Post Quarterly Earnings on Wednesday

TrueBlue (NYSE:TBI) is projected 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. Persons interested in listening to the company’s earnings conference call can do so using this link.

TrueBlue Trading Up 1.5 %

TBI opened at $7.51 on Tuesday. The stock has a market capitalization of $221.94 million, a PE ratio of -1.96, a PEG ratio of 3.66 and a beta of 1.42. TrueBlue has a 1-year low of $6.63 and a 1-year high of $13.08. The firm has a 50-day moving average price of $7.99 and a two-hundred day moving average price of $7.83.

Analyst Ratings Changes

Several research firms have weighed in on TBI. StockNews.com upgraded shares of TrueBlue from a “sell” rating to a “hold” rating in a research report on Friday. BMO Capital Markets lowered their price objective on shares of TrueBlue from $11.00 to $10.00 and set an “outperform” rating for the company in a research 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.