Brief: Interface Reports Q4 Adjusted Earnings Per Share $0.41

Interface

19/02/2019 21:12

Feb 19 (Reuters) - Interface Inc  TILE.O :
    * INTERFACE REPORTS FOURTH QUARTER AND FISCAL YEAR 2018
RESULTS
    * Q4 ADJUSTED EARNINGS PER SHARE $0.41
    * Q4 EARNINGS PER SHARE ESTIMATE $0.39 -- REFINITIV IBES
DATA
    * Q4 EARNINGS PER SHARE $0.11
    * Q4 SALES $337 MILLION VERSUS REFINITIV IBES ESTIMATE OF
$344.6
MILLION
    * SEES FISCAL YEAR 2019 TOTAL NET SALES GROWTH, INCLUDING
NORA, OF
16 - 18%
    * CAPITAL EXPENDITURES FOR FULL YEAR ARE FORECASTED TO BE
$65
MILLION TO $75 MILLION
    * SEES FISCAL YEAR 2019 ORGANIC SALES GROWTH FROM CARPET AND
LVT
OF 2 - 4%
    * ANTICIPATES ADJUSTED EPS IN Q1 OF 2019 TO BE DOWN COMPARED
TO Q1
OF 2018 BY APPROXIMATELY 13 TO 16 CENTS
    * SEES STRONGER ADJUSTED OPERATING INCOME AND DOUBLE DIGIT
ADJUSTED EPS GROWTH PERCENTAGE IN SECOND, THIRD AND FOURTH
QUARTERS OF 2019

Source text for Eikon:  ID:nPn4132QBa 
Further company coverage:  TILE.O 

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