Loading...
•
Mar 28, 2021
TrueBlue Q1 2021 Earnings Report
TrueBlue reported first quarter results, showing a broad-based revenue recovery across all segments.
Key Takeaways
TrueBlue's first quarter revenue was $459 million, a decrease of 7% compared to the first quarter of 2020. Net income per diluted share was $0.20, compared to a net loss per diluted share of $4.04 in the first quarter of 2020. Adjusted net income per diluted share was $0.25 compared to adjusted net loss per diluted share of $0.01 in the first quarter of 2020.
Revenue recovery underway across all segments.
Encouraging new business wins and recovery of existing client volumes were observed.
Disciplined cost management and investments in sales resources and digital strategies are accelerating strategic priorities.
JobStack heavy client users continue to show higher revenue growth compared to the rest of the customer base.
Forward Guidance
TrueBlue is providing certain forward-looking information to help investors form their own estimates, which can be found in the quarterly earnings presentation filed today.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...