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

Interface

04/08/2023 14:32

* Interface Inc  TILE.OQ  reported quarterly adjusted
earnings of
25 cents​​ per share for the quarter ended in June. The mean
expectation of three analysts for the quarter was for earnings
of 19 cents per share.
    * Revenue fell 4.9% to $329.58 million from a year ago;
analysts
expected $334.00 million. 
    * Interface Inc's reported EPS for the quarter was 27
cents​.
    * The mean earnings estimate of analysts had fallen by
about 33.1%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Interface Inc shares had risen by 12.1% this quarter and
lost 0.2% so far this year.
    * The company reported quarterly net income of $15.8
million.
    * Wall Street's median 12-month price target for Interface
Inc is
$17.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 4 at 01:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.19           0.25           Beat
 Mar. 31 2023      0.11           0.07           Missed
 Dec. 31 2022      0.27           0.31           Beat
 Sep. 30 2022      0.25           0.30           Beat