TrueBlue: 4Q Earnings Snapshot

February 7, 2019

TACOMA, Wash. (AP) _ TrueBlue Inc. (TBI) on Thursday reported fourth-quarter net income of $14.9 million.

The Tacoma, Washington-based company said it had profit of 37 cents per share. Earnings, adjusted for one-time gains and costs, came to 61 cents per share.

The blue-collar temporary staffing company posted revenue of $650.1 million in the period.

For the year, the company reported profit of $65.8 million, or $1.63 per share. Revenue was reported as $2.5 billion.

For the current quarter ending in April, TrueBlue expects its per-share earnings to range from 22 cents to 27 cents.

The company said it expects revenue in the range of $552 million to $569 million for the fiscal first quarter.

TrueBlue shares have risen 11 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $24.71, a drop of almost 5 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