NYSE$TBI

TrueBlue Inc · Q4 2020 earnings

Q4 2020 earnings · · Investor relations

Briefing

TrueBlue's Q4 2020 earnings decreased compared to the previous year, but income from operations returned to growth.

TrueBlue reported a decrease in revenue and adjusted net income per diluted share compared to Q4 2019, but income from operations improved. The company is investing in digital strategies.

  • Revenue decreased by 12% compared to Q4 2019.
  • Net income per diluted share remained the same as Q4 2019.
  • Adjusted net income per diluted share decreased by 15% compared to Q4 2019.
  • Income from operations grew by 25%.

Headline financials

Total Revenue

$519M

Previous: $591M-12.3%
EPS (adj)

$0.33

Previous: $0.39-15.4%
Capital Expenditures

$10.8M

Previous: $9.82M+10.2%
Free Cash Flow

$42.9M

Previous: $31.2M+37.8%
Net Income

$8.03M

Previous: $8.72M-7.9%
Operating Income

$9.14M

Previous: $7.34M+24.6%
Gross Profit

$121M

Previous: $150M-19.7%
Cash & Equivalents

$62.5M

Previous: $37.6M+66.2%
Total Assets

$981M

Previous: $1.14B-13.7%
Stock-Based Comp

$2.35M

Previous: $1.65M+42.5%

Revenue & EPS history

TrueBlue · Revenue · Quarterly

$519M

Q4 2020-12.3%vs Q4 2019
Beat estimate in 13 of 16 quarters(81%)
ActualEstimate

Revenue by segment

TrueBlue · $477M total across 2 segments · Q4 2020

  • PeopleReady
    $297M-18.5%
  • PeopleManagement
    $179M+4.6%

Forward guidance

TrueBlue is providing forward-looking information to help investors form their own estimates, which can be found in the quarterly earnings presentation filed today.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2020

Historical avgQ4 2020

-3.2%

Avg return

Earnings day

-4.7%

Avg return

5 days after

-1.2%

Avg return

30 days after

34%

23 / 68 earnings

Positive

+25.0%

Q1 2021

Best reaction

-28.2%

Q2 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-1.8%-11.1%+9.8%
Q4 2025-14.3%-23.9%-20.8%
Q3 2025+17.3%+4.9%+6.6%
Q1 2025-10.5%+2.6%+39.9%
Q4 2024-15.0%-20.3%-23.4%
Q3 2024-3.6%+3.6%+7.9%
Q2 2024-28.2%-31.6%-30.9%
Q1 2024-0.1%+2.4%+5.0%
Q4 2023-13.8%-10.9%-5.7%
Q3 2023-23.1%-22.2%-2.2%
Q2 2023-17.5%-17.5%-14.8%
Q1 2023-13.8%-13.2%-0.9%
Q4 2022-7.9%-5.7%-4.8%
Q3 2022-10.2%-6.1%-2.7%
Q2 2022+9.2%+14.5%+14.9%
Q1 2022-9.3%-12.4%-22.2%
Q4 2021+6.3%-0.9%-0.8%
Q3 2021-10.2%-13.2%-12.8%
Q2 2021+6.6%+6.6%+2.6%
Q1 2021+25.0%+22.8%+16.0%
Q4 2020+3.0%+2.9%+8.5%
Q3 2020-14.8%-15.8%+10.4%
Q2 2020+23.5%+13.0%+19.7%
Q1 2020-3.4%-4.3%+6.4%
Q4 2019-23.4%-26.8%-35.7%
Q3 2019+5.5%+3.7%+4.7%
Q2 2019-13.7%-12.5%-15.8%
Q1 2019-5.3%-3.2%-14.0%
Q4 2018-10.7%-5.7%-13.0%
Q3 2018-1.6%+2.0%-2.1%
Q2 2018-1.6%-0.5%+6.9%
Q1 2018-10.5%-9.2%-1.8%
Q4 2017+5.6%+8.0%+8.8%
Q3 2017+10.8%+9.8%+18.8%
Q2 2017-12.4%-15.0%-20.7%
Q1 2017-1.3%-1.3%-1.8%
Q4 2016+1.9%+4.4%+10.6%
Q3 2016-12.3%-16.1%-4.7%
Q2 2016+12.2%+13.5%+7.6%
Q1 2016-23.5%
Q4 2015+3.4%
Q3 2015+18.5%
Q2 2015-8.0%
Q1 2015+12.9%
Q4 2014-4.9%
Q3 2014-9.3%
Q2 2014-7.6%
Q1 2014-1.5%
Q4 2013+11.5%
Q3 2013-3.1%
Q2 2013+7.8%
Q1 2013+0.1%
Q4 2012+8.3%
Q3 2012-15.6%
Q2 2012-3.0%
Q1 2012+1.7%
Q4 2011+1.4%
Q3 2011-8.1%
Q2 2011-8.4%
Q1 2010+2.0%
Q1 2011+1.3%
Q4 2008-8.2%
Q4 2010-8.2%
Q3 2010-4.2%
Q3 2009-4.2%
Q2 2009-0.8%
Q4 2009-0.8%
Q2 2010-0.8%

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