Interface Inc expected to post earnings of 26  cents a share - Earnings Preview

Interface

01/11/2023 18:34

* Interface Inc  TILE.OQ   TILE.O  is expected to show a
fall in
quarterly revenue when it reports  results 
    * The Atlanta Georgia-based  company is expected to report 
a
0.9% decrease in revenue to $324.75 million from $327.76 million
a year ago, according to the mean estimate from 2 analysts,
based on LSEG data. The company's guidance on August 4 2023, for
the period ended September 30, was for revenue between $320.00
million and $330.00 million.
    * ​Refinitiv's mean analyst estimate for Interface Inc is
for
earnings of 26 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​, above​ its last closing price of $8.89. ​​​

The company's guidance on August 4 2023 for the period ended
September 30 was for gross profit margin of USD35.5%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 30 2022  0.25        0.25       0.30      Beat    20
 ​​Jun.        0.32        0.32       0.36      Beat    13.4
 30 2022                                                
 Mar. 31 2022  0.16        0.16       0.28      Beat    77.8​
 Dec. 31 2021  0.31        0.32       0.47      Beat    49.2
 Sep. 30 2021  0.28        0.28       0.29      Beat    5.5
 This summary was machine generated November 1 at 18:34 GMT.  All
figures in US dollars  unless otherwise stated