Overview
TrueBlue Q2 revenue flat yr/yr, missing analyst expectations, per LSEG data
Adjusted EPS beats analyst estimates
Outlook
TrueBlue expects company-wide growth in Q3 2025
Company anticipates double-digit growth in skilled businesses
TrueBlue sees momentum in healthcare and energy markets
Company focuses on expanding client relationships and operational efficiency
Result Drivers
SKILLED TRADES GROWTH - TrueBlue reports double-digit growth in skilled trades, contributing positively to results
STRATEGIC INVESTMENTS - Co invests in proprietary technologies to address evolving user needs and drive competitive advantage
CLIENT RELATIONSHIPS - Focus on retaining and expanding existing relationships and winning new business, per CEO Taryn Owen
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Revenue | Miss | $396 mln | $400.50 mln (3 Analysts) |
Q2 Adjusted EPS | Beat | -$0.07 | -$0.1 (4 Analysts) |
Q2 Net Income |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the employment services peer group is "buy"
Wall Street's median 12-month price target for TrueBlue Inc is $7.00, about 5% above its August 1 closing price of $6.65
Press Release: ID:nBw2nZJsRa
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
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