TrueBlue Reports Third Quarter 2019 Results

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TrueBlue (TBI) Tops Q3 EPS by 10c, Revenues Beat; Offers Q4 EPS Guidance Below Consensus, Q4 Revenue Mid-Point View Below Consensus

October 28, 2019 4:13 PM EDT

TrueBlue (NYSE: TBI) reported Q3 EPS of $0.76, $0.10 better than the analyst estimate of $0.66. Revenue for the quarter came in at $637 million versus the consensus estimate of $624.64 million.

Strong execution drove better than expected top-line and bottom-line results this quarter, said Patrick Beharelle, CEO of TrueBlue. Despite ongoing economic uncertainty,... More