Preview: Interface's Earnings

Interface TILE releases its next round of earnings this Friday, May 07. Get the latest predictions in Benzinga's essential guide to the company's Q1 earnings report.

What Are Earnings, Net Income, And Earnings Per Share?

Earnings and especially earnings per share (EPS) are useful measures of a company's profitability. Total earnings, which is also referred to as net income, equals total revenue minus total expenses. EPS equals to net income divided by the number of shares outstanding.

Earnings And Revenue

Wall Street analysts see Interface reporting earnings of $0.04 per share on sales of $252.70 million. In the same quarter last year, Interface announced EPS of $0.32 on revenue of $288.17 million.

Why Analyst Estimates And Earnings Surprises Are Important

Wall Street analysts who study this company will publish analyst estimates of revenue and EPS. The averages of all analyst EPS and revenue estimates are called the "consensus estimates"; these consensus estimates can have a significant effect on a company's performance during an earnings release. When a company posts earnings or revenue above or below a consensus estimate, it has posted an "earnings surprise", which can really move a stock depending on the difference between actual and estimated values.

If the company were to match the consensus estimate when it reports Friday, EPS would have fallen 87.5%. Sales would be down 12.31% from the year-ago period. Here is how the company's reported EPS has stacked up against analyst estimates in the past:

Quarter Q4 2021 Q3 2020 Q2 2020 Q1 2020
EPS Estimate 0.25 0.20 0.06 0.21
EPS Actual 0.27 0.28 0.27 0.32
Revenue Estimate 278.80 M 272.63 M 251.70 M 298.12 M
Revenue Actual 276.95 M 278.64 M 259.50 M 288.17 M

Stock Performance

Over the last 52-week period, shares are up 44.46%. Given that these returns are generally positive, long-term shareholders can be content going into this earnings release.

Do not 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.

Posted In: BZI-EPEarnings