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Interface Q2 2024 Earnings Report

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$24.53 -0.12 (-0.49%)
(As of 12/20/2024 05:16 PM ET)

Interface EPS Results

Actual EPS
$0.40
Consensus EPS
$0.28
Beat/Miss
Beat by +$0.12
One Year Ago EPS
$0.25

Interface Revenue Results

Actual Revenue
$346.60 million
Expected Revenue
$340.21 million
Beat/Miss
Beat by +$6.39 million
YoY Revenue Growth
+5.20%

Interface Announcement Details

Quarter
Q2 2024
Time
Before Market Opens

Conference Call Resources

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Interface Earnings Headlines

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Interface price target raised to $30 from $26 at Barrington
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About Interface

Interface (NASDAQ:TILE) designs, produces, and sells modular carpet products primarily worldwide. The company operates in two segments, Americas (AMS), and Europe, Africa, Asia and Australia (EAAA). The company offers modular carpets under the Interface and FLOR brand names; luxury vinyl tiles; carpet tiles under the CQuestGB name for use in commercial interiors, include offices, healthcare facilities, airports, educational and other institutions, hospitality spaces, and retail facilities, as well as residential interiors; and modular resilient flooring products. It also provides carpet replacement, installation, and maintenance services; and rubber flooring under the norament and noraplan brand names; as well as produces and sells an adapted version of its carpet tile for the healthcare facilities market. In addition, the company sells a proprietary antimicrobial chemical compound under the Intersept name; sells TacTiles, a carpet tile installation system, as well as various adhesives and products; and provides turnkey project management services for global accounts and other customers through its InterfaceSERVICES business. The company sells its products directly to end-users, as well as indirectly through independent contractors, installers, or distributors. Interface, Inc. was incorporated in 1973 and is headquartered in Atlanta, Georgia.

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