Trueblue Earnings: Your Sneak Peek to the Big Announcement

Trueblue (NYSE:TBI) will report earnings after markets close on Wednesday, July 24th. TrueBlue, Inc. provides temporary manual labor to the light industrial and small business markets. The Company operates dispatch offices in the United States, Puerto Rico, Canada, and the United Kingdom. TrueBlue’s customers are primarily in the transportation, warehousing, hospitality, landscaping, construction, light manufacturing, retail, wholesale, and sanitation industries.

Here is your Cheat Sheet to Trueblue Earnings:

Earnings Expectations: Analysts expect earnings of $0.25 per share on revenues of $420.34 million. Currently, the company’s P/E ratio stands at 30.30.

Analyst Trends:

Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.43 to a profit $0.44. For the current year, the average estimate is a profit of $1, which is better than the estimate ninety days ago.

Earnings Trends:

Here’s how Trueblue has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 1,384 1,018 1,149 1,316 1,390
Diluted EPS ($) -0.10 0.20 0.46 0.73 0.84

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012 Mar. 31, 2013
Revenue ($) in millions 354.26 379.47 344.61 346.50
Diluted EPS ($) 0.26 0.36 0.19 -0.03

Past Performance:
Trueblue has beat analyst estimates 1 time in the past four quarters. This is not consistent enough to get bullish yet.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at]