TrueBlue (TBI) Misses Q4 EPS by 2c, Revenues Miss; Offers Q1 EPS Guidance Below Consensus
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TrueBlue Reports Fourth Quarter and Full-Year 2019 Results
February 5, 2020 4:05 PM ESTTACOMA, Wash.--(BUSINESS WIRE)-- TrueBlue (NYSE: TBI) today announced its fourth quarter and full-year results for 2019. Full-year revenue was $2.4 billion, a decrease of 5 percent compared to 2018. Net income per diluted share was $1.61, a decrease of 1 percent compared to 2018. Adjusted net income per diluted share1 was $2.05, a decrease of 10 percent compared to 2018.
Fourth quarter revenue was $591 million, a decrease of 9 percent compared to revenue of $650 million in the fourth quarter of 2018. Net income per diluted share was $0.23, a decrease of 38 percent compared to the fourth quarter of 2018. Adjusted net income per diluted... More
