TrueBlue (TBI) Tops Q4 EPS by 2c, Offers Q1 Guidance

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TrueBlue Reports Fourth Quarter and Full-Year 2018 Results

February 7, 2019 4:05 PM EST

TACOMA, Wash.--(BUSINESS WIRE)-- TrueBlue (NYSE: TBI) today announced its fourth quarter and full-year results for 2018. Full-year revenue was $2.5 billion, which was flat compared to 2017. Net income per diluted share was $1.63, an increase of 22 percent, compared to $1.34 in 2017. Adjusted net income per diluted share1 was $2.28, an increase of 31 percent, compared to $1.74 in 2017.

Fourth quarter revenue was $650 million, a decrease of 3 percent, compared to revenue of $670 million in the fourth quarter of 2017. Net income per diluted share was $0.37, a decrease of 8 percent, compared to $0.40 in the fourth quarter of 2017. Adjusted net income per... More