Interface Inc reports results for the quarter ended in December - Earnings Summary

Interface

28/02/2023 14:32

* Interface Inc  TILE.OQ  reported quarterly adjusted
earnings of
31 cents​​ per share for the quarter ended in December. The mean
expectation of three analysts for the quarter was for earnings
of 27 cents per share.
    * Revenue fell 1.2% to $335.56 million from a year ago;
analysts
expected $338.00 million. 
    * Interface Inc's reported EPS for the quarter was a loss
of 42
cents​.
    * The mean earnings estimate of analysts had fallen by
about 2.4%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Interface Inc shares had fallen by 9.7% this quarter.
    * The company reported a quarterly loss of $24.62 million.
    * Wall Street's median 12-month price target for Interface
Inc is
$15.50 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
28 at 02:32 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.27           0.31           Beat
 Sep. 30 2022      0.25           0.30           Beat
 Jun. 30 2022      0.32           0.36           Beat
 Mar. 31 2022      0.16           0.28           Beat