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Mar 27, 2022
TrueBlue Q1 2022 Earnings Report
Reported strong first quarter results driven by revenue growth across all segments and operating margin expansion.
Key Takeaways
TrueBlue reported a strong start to the year with double-digit revenue growth for the fourth consecutive quarter and continued operating margin expansion. Revenue growth was seen across all three segments due to widespread demand for services. The company is well-positioned for long-term, profitable growth with its digital strategies and focus on improving operational efficiencies.
First quarter revenue increased by 20% compared to the first quarter of 2021.
Net income per diluted share increased to $0.30, compared to $0.20 in the first quarter of 2021.
Adjusted net income per diluted share increased to $0.44, compared to $0.25 in the first quarter of 2021.
Revenue growth was reported across all three segments.
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
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Avg. Return Before/After Earnings
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