TrueBlue, Inc. (NYSE:TBI ) Q2 2024 Earnings Conference Call August 5, 2024 5:00 PM ET Company Participants Taryn Owen - President and CEO Carl Schweihs - CFO Conference Call Participants Mark Marcon - Baird Kartik Mehta - Northcoast Research Jeff Silber - BMO Capital Markets Marc Riddick - Sidoti & Company Operator Greetings and welcome to the TrueBlue Second Quarter 2024 Earnings Call. At this time, all participants are in a listen-only mode.
TrueBlue (TBI) came out with a quarterly loss of $0.35 per share versus the Zacks Consensus Estimate of a loss of $0.03. This compares to earnings of $0.17 per share a year ago.
The consensus price target hints at an 88% upside potential for TrueBlue (TBI). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.