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Sep 24, 2023
TrueBlue Q3 2023 Earnings Report
TrueBlue's Q3 2023 results were announced, revealing a decrease in revenue and a net loss per share, though signs of stabilization in demand trends were observed.
Key Takeaways
TrueBlue reported a decrease in revenue to $473 million, an 18% decrease compared to Q3 2022. The company reported a net loss per diluted share of $0.00, compared to a net income per diluted share of $0.63 in the same period last year. Adjusted net income per diluted share was $0.16, down from $0.74 in Q3 2022.
Revenue decreased by 18% to $473 million compared to the third quarter of 2022.
Net loss per diluted share was $0.00, a decrease compared to net income per diluted share of $0.63 in the third quarter of 2022.
Adjusted net income per diluted share was $0.16, compared to $0.74 in the third quarter of 2022.
The company is starting to see signs of potential stabilization in demand trends for certain parts of the business.
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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