Interface (TILE) Projected to Post Quarterly Earnings on Friday

Interface (NASDAQ:TILE - Get Free Report) is projected to release 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 issued its quarterly earnings data on Tuesday, February 25th. The textile maker reported $0.34 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.29 by $0.05. The company 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%. The firm's revenue was up 3.0% compared to the same quarter last year. During the same period last year, the company earned $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 Trading Down 1.0 %

NASDAQ:TILE traded down $0.19 on Wednesday, reaching $18.80. 609,640 shares of the stock traded hands, compared to its average volume of 516,200. 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 has a 1-year low of $14.13 and a 1-year high of $27.34. The company's 50 day moving average is $19.12 and its 200-day moving average is $22.13. The firm has a market capitalization of $1.10 billion, a price-to-earnings ratio of 13.15, a price-to-earnings-growth ratio of 0.96 and a beta of 1.93.

Interface Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, April 11th. Stockholders of record on Friday, March 28th were paid a $0.01 dividend. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.21%. The ex-dividend date was Friday, March 28th. Interface's dividend payout ratio is currently 2.72%.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on TILE. Barrington Research restated an "outperform" rating and issued a $30.00 target price on shares of Interface in a report on Tuesday, April 15th. StockNews.com raised Interface from a "hold" rating to a "buy" rating in a research note on Monday.

Insider Activity

In other Interface news, Director Daniel T. Hendrix sold 12,500 shares of the firm's stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $23.78, for a total value of $297,250.00. Following the completion of the sale, the director now directly owns 103,647 shares in the company, valued at approximately $2,464,725.66. This trade represents a 10.76 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 2.60% of the stock is currently owned by company insiders.

Interface Company Profile

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.