Benzinga | Oct 26, 2020 04:38PM EDT

Recap: TrueBlue Q3 Earnings

Shares of TrueBlue (NYSE:TBI) were flat in after-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share decreased 68.42% year over year to $0.24, which beat the estimate of $0.08.

Revenue of $474,530,000 decreased by 25.48% year over year, which beat the estimate of $454,430,000.

Looking Ahead

Earnings guidance hasn't been issued by the company for now.

Revenue guidance hasn't been issued by the company for now.

Recent Stock Performance

Company's 52-week high was at $24.98

Company's 52-week low was at $12.02

Price action over last quarter: Up 1.60%

Company Description

TrueBlue Inc is a provider of staffing and workforce management solutions. The company's reportable segments include PeopleReady offers industrial staffing services. PeopleManagement offers contingent and productivity-based on-site industrial staffing services and PeopleScout offers recruitment process outsourcing and managed service provider services. It generates maximum revenue from the PeopleReady segment.