TrueBlue (TBI) Tops Q3 EPS by 1c, Revenues Beat; Q4 Revenue Outlook Below Consensus, Offers Q4 EPS Out

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TrueBlue Reports Fiscal Third Quarter 2018 Results

November 5, 2018 4:05 PM EST

TACOMA, Wash.--(BUSINESS WIRE)-- TrueBlue (NYSE: TBI) today announced its fiscal third quarter 2018 results.

Revenue was $680 million, an increase of 3 percent, compared to revenue of $661 million in the fiscal third quarter of 2017. Net income per diluted share was $0.61, an increase of 20 percent, compared to $0.51 in the fiscal third quarter of 2017. Adjusted net income per diluted share1 was $0.79, an increase of 32 percent, compared to $0.60 in the fiscal third quarter of 2017.

Our team delivered another quarter of revenue growth, gross margin expansion and strong EPS growth, said Patrick Beharelle, CEO of TrueBlue. PeopleReady produced... More