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IF6N Interface News Story

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Interface Inc reports results for the quarter ended March 31 - Earnings Summary

Interface Inc TILE.OQ reported quarterly adjusted earnings of 25 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 24 cents.  The mean expectation of three analysts for the quarter was for earnings of 21 cents per share. Wall Street expected results to range from 20 cents to 22 cents per share.

Revenue rose 2.6% to $297.41 million from a year ago; analysts expected $297.11 million.

Interface Inc's reported EPS for the quarter was 22 cents​.

The company reported quarterly net income of $13 million.

Interface Inc shares had fallen by 5.0% this quarter and lost 22.6% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 8.7% in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 2 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the construction supplies & fixtures peer group is  "buy."

Wall Street's median 12-month price target for Interface Inc is $30.00

This summary was machine generated from LSEG data May 2 at 01:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Mar. 31 20250.210.25Beat
Dec. 31 20240.290.34Beat
Sep. 30 20240.340.48Beat
Jun. 30 20240.280.40Beat

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