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

Interface

05/05/2023 14:32

* Interface Inc  TILE.OQ  reported quarterly adjusted
earnings of
70 cents​​ per share for the quarter ended in March. The mean
expectation of three analysts for the quarter was for earnings
of 11 cents per share.
    * Revenue rose 2.7% to $295.79 million from a year ago;
analysts
expected $297.35 million. 
    * Interface Inc's reported EPS for the quarter was a loss of
1
cent​.
    * The mean earnings estimate of analysts had fallen by
about 38.9%
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 4.9% this quarter and
lost 21.8% so far this year.
    * The company reported a quarterly loss of $714 thousand.
    * Wall Street's median 12-month price target for Interface
Inc is
$18.00 
    * 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 May
5 at 01:32 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.11           0.70           Beat
 Dec. 31 2022      0.27           0.31           Beat
 Sep. 30 2022      0.25           0.30           Beat
 Jun. 30 2022      0.32           0.36           Beat