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

Interface

06/05/2022 19:26

* Interface Inc  TILE.OQ  reported quarterly adjusted
earnings of
28 cents​​ per share for the quarter ended in March. The mean
expectation of four analysts for the quarter was for earnings of
16 cents per share.
    * Revenue rose 13.7% to $288.00 million from a year ago; 
analysts
expected $283.83 million. 
    * Interface Inc's reported EPS for the quarter was 22
cents​.
    * The mean earnings estimate of analysts had fallen by
about 26.2%
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 fallen by 0.3% this quarter and
lost 15.2% so far this year.
    * The company reported quarterly net income of $13.29
million.
    * Wall Street's median 12-month price target for Interface
Inc is
$19.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated May 6 at 06:26 p.m.  ​All
figures in US dollars unless otherwise stated