TrueBlue: 2Q Earnings Snapshot

July 30, 2018

TACOMA, Wash. (AP) _ TrueBlue Inc. (TBI) on Monday reported second-quarter profit of $17.7 million.

The Tacoma, Washington-based company said it had net income of 44 cents per share. Earnings, adjusted for one-time gains and costs, were 57 cents per share.

The blue-collar temporary staffing company posted revenue of $614.3 million in the period.

For the current quarter ending in October, TrueBlue expects its per-share earnings to range from 75 cents to 81 cents.

The company said it expects revenue in the range of $662 million to $677 million for the fiscal third quarter.

TrueBlue shares have declined nearly 1 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $27.30, a climb of nearly 8 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TBI at https://www.zacks.com/ap/TBI

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