Market Overview

Earnings Outlook for Interface

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Interface (NASDAQ: TILE) announces its next round of earnings this Friday, August 07. Here is Benzinga's everything-that-matters guide for this Friday's Q2 earnings announcement.

Earnings and Revenue

Wall Street analysts see Interface reporting earnings of $0.07 per share on revenue of $249.00 million. Interface reported a per-share profit of $0.51 when it published results during the same quarter last year. Sales in that period totaled $357.51 million. If the company were to match the consensus estimate when it reports Friday, EPS would have fallen 86.27%. Here's how the company's reported EPS has stacked up against analyst estimates in the past:

Quarter Q1 2020 Q4 2020 Q3 2019 Q2 2019
EPS Estimate 0.21 0.41 0.42 0.49
EPS Actual 0.32 0.46 0.47 0.51
Revenue Estimate 298.12 M 344.63 M 346.40 M 359.75 M
Revenue Actual 288.17 M 339.48 M 348.35 M 357.51 M

Stock Performance

Shares of Interface were trading at $8.25 as of August 07. Over the last 52-week period, shares are down 28.06%. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release.

Don't be surprised to see the stock move on comments made during its conference call. Interface is scheduled to hold the call at 08:00:00 ET and can be accessed here: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Finvestors.interface.com%2Fevents-and-presentations%2Fdefault.aspx&eventid=2395720&sessionid=1&key=9C7E478EC2D35B56AB8221BE29FB99E0&regTag=&sourcepage=register

 

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