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Why TrueBlue Stock Is Up Today

TheMotleyFool

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Shares of TrueBlue (NYSE: TBI) traded up more than 20% on Tuesday after the staffing company reported better-than-expected earnings. The company sees signs that business is recovering, and that has investors excited.

TrueBlue, which provides specialized workers for a range of industries, reported first-quarter adjusted earnings of $0.25 per share, easily topping expectations for a $0.06 loss. Revenue came in at $458.7 million, slightly ahead of the $450 million estimate.

Image source: Getty Images.

Source Fool.com

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