Interface Inc expected to post earnings of 23 cents a share - Earnings Preview

Interface

23/02/2024 14:23

* Interface Inc  TILE.OQ   TILE.O  is expected to show a
fall in
quarterly revenue when it reports  results on February 27 for
the period ending December 31 2023
    * The Atlanta Georgia-based  company is expected to report a
4.1% decrease in revenue to $321.8 million from $335.56 million
a year ago, according to the estimate from one analyst, based on
LSEG data. (Sales/Revenue Majority Basis is on Net Sales)
    * ​LSEG's mean analyst estimate for Interface Inc is for
earnings
of 23 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Interface
Inc is
$17.00​, above​ its last closing price of $13.14. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.26        0.26       0.28      Beat    7.7
 Jun. 30 2023  0.19        0.19       0.25      Beat    35.1
 Mar. 31 2023  0.11        0.11       0.07      Missed  -36.4​
 Dec. 31 2022  0.27        0.27       0.31      Beat    13.4
 ​​Sep.        0.25        0.25       0.30      Beat    20
 30 2022                                                
 Jun. 30 2022  0.32        0.32       0.36      Beat    13.4​
 Mar. 31 2022  0.16        0.16       0.28      Beat    77.8
 Dec. 31 2021  0.31        0.32       0.47      Beat    49.2
 This summary was machine generated February 23 at 14:23 GMT. 
All figures in US dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)