TrueBlue Q2 2024 Adj. EPS $(0.35) Misses $(0.05) Estimate, Sales $396.230M Miss $414.472M Estimate
Portfolio Pulse from Benzinga Newsdesk
TrueBlue (NYSE:TBI) reported Q2 2024 adjusted EPS of $(0.35), missing the $(0.05) estimate by 600%. Sales were $396.230M, missing the $414.472M estimate by 4.40%. This represents a 418.18% decrease in EPS and a 16.69% decrease in sales compared to the same period last year.
August 05, 2024 | 8:23 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
TrueBlue reported Q2 2024 adjusted EPS of $(0.35), significantly missing the $(0.05) estimate by 600%. Sales were $396.230M, missing the $414.472M estimate by 4.40%. This represents a 418.18% decrease in EPS and a 16.69% decrease in sales compared to the same period last year.
TrueBlue's significant miss on both EPS and sales estimates, along with a substantial year-over-year decline in both metrics, is likely to negatively impact the stock price in the short term.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100