TrueBlue (TBI) Moves Higher Following Strong Q4 Earnings and Q1 Guidance

February 6, 2013 10:10 AM EST
TrueBlue (NYSE: TBI) reported Q4 EPS of $0.19, $0.05 better than the analyst estimate of $0.14. Revenue for the quarter came in at $345 million versus the consensus estimate of $336.7 million.

For the first quarter of 2013, TrueBlue estimates revenue in the range of $335 million to $345 million, and estimates net loss per diluted share of ($0.05) to $0.00. This includes the operations from the purchase of substantially all of the assets of MDT Personnel, the third largest general labor staffing firm in the U.S., which TrueBlue announced today. More information about the transaction is contained in the company’s 8-K also filed today.

(***Street sees Q1 revenue of $300.28 million and EPS of $0.02)

For earnings history and earnings-related data on TrueBlue (TBI) click here.

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