Brief: Interface Q2 Adjusted Earnings Per Share $0.51

Interface

25/07/2019 22:15

July 25 (Reuters) - Interface Inc  TILE.O :
    * INTERFACE REPORTS SECOND QUARTER 2019 RESULTS
    * Q2 ADJUSTED EARNINGS PER SHARE $0.51
    * Q2 EARNINGS PER SHARE $0.50
    * Q2 EARNINGS PER SHARE ESTIMATE $0.49 -- REFINITIV IBES
DATA
    * SEES FY 2019 SALES UP 14 TO 15 PERCENT
    * Q2 SALES $358 MILLION VERSUS REFINITIV IBES ESTIMATE OF
$358.3
MILLION
    * TARGETING FY ORGANIC SALES GROWTH OF 2 - 3%
    * CAPITAL EXPENDITURES FOR FULL YEAR ARE FORECASTED TO BE
$65 -
$75 MILLION.
    * LOOKING AT H2 2019, ANTICIPATES Q4 ADJUSTED EPS TO BE
HIGHER
THAN Q3 ADJUSTED EPS BY ABOUT 3 - 5 CENTS.
    * FY2019 REVENUE VIEW $1.36 BILLION -- REFINITIV IBES DATA
    * SEES 2019 ORGANIC SALES GROWTH OF 2 - 3%

Source text for Eikon:  ID:nPn5jtkTBa 
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