Interface (TILE) Expected to Announce Earnings on Friday

Interface (NASDAQ:TILE - Get Free Report) is expected to be releasing its Q1 2025 earnings data before the market opens on Friday, May 2nd. Analysts expect Interface to post earnings of $0.20 per share and revenue of $297.11 million for the quarter. Interface has set its Q1 2025 guidance at EPS and its FY 2025 guidance at EPS.

Interface (NASDAQ:TILE - Get Free Report) last announced its earnings results on Tuesday, February 25th. The textile maker reported $0.34 EPS for the quarter, beating the consensus estimate of $0.29 by $0.05. The business had revenue of $335.00 million during the quarter, compared to the consensus estimate of $340.51 million. Interface had a return on equity of 19.91% and a net margin of 6.49%. Interface's revenue was up 3.0% compared to the same quarter last year. During the same period in the prior year, the business posted $0.41 earnings per share. On average, analysts expect Interface to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Interface Price Performance

NASDAQ TILE opened at $18.60 on Friday. Interface has a 1 year low of $14.13 and a 1 year high of $27.34. The stock's 50-day moving average price is $19.40 and its two-hundred day moving average price is $22.13. The company has a market cap of $1.08 billion, a PE ratio of 13.01, a PEG ratio of 0.96 and a beta of 1.93. The company has a current ratio of 2.57, a quick ratio of 1.38 and a debt-to-equity ratio of 0.66.

Interface Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, April 11th. Investors of record on Friday, March 28th were paid a $0.01 dividend. This represents a $0.04 dividend on an annualized basis and a yield of 0.22%. The ex-dividend date of this dividend was Friday, March 28th. Interface's dividend payout ratio is 2.72%.

Insider Buying and Selling at Interface

In related news, Director Daniel T. Hendrix sold 7,500 shares of the stock in a transaction that occurred on Monday, March 3rd. The stock was sold at an average price of $19.95, for a total value of $149,625.00. Following the transaction, the director now owns 96,147 shares in the company, valued at approximately $1,918,132.65. This represents a 7.24 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 2.60% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on the company. Barrington Research reiterated an "outperform" rating and set a $30.00 price target on shares of Interface in a report on Tuesday, April 15th. StockNews.com downgraded Interface from a "buy" rating to a "hold" rating in a report on Friday, April 18th.

About Interface

Interface, Inc 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.

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