TrueBlue Posts Q4 Adjusted $0.25 Loss, 1.17% Revenue Beat at $418.2M
TrueBlue reported a Q4 adjusted loss of $0.25 per share against a consensus loss of $0.08 and revenues of $418.18 million, up 8.4% year-over-year and 1.17% above estimates. Shares are down 2.9% YTD and next-quarter EPS are forecast at $0.03 on $388.7 million revenue.
1. Q4 Results
TrueBlue reported an adjusted loss of $0.25 per share for the December quarter, significantly wider than the $0.08 loss analysts expected. Revenue climbed to $418.18 million from $385.95 million a year earlier, representing an 8.4% increase and topping consensus by 1.17%.
2. Stock Performance and Outlook
The company’s share price has declined 2.9% so far this year, reflecting investor caution after the larger-than-expected loss. Consensus estimates for the coming quarter call for EPS of $0.03 on $388.7 million in revenue, indicating flat profitability prospects ahead.
3. Industry Context
TrueBlue operates in the temporary staffing sector, which ranks in the bottom 20% of its peer group by industry performance. Rival Cross Country Healthcare is expected to report Q4 EPS of $0.03 and $252.25 million in revenues, highlighting the mixed recovery in blue-collar workforce services.