Interface (TILE) Scheduled to Post Quarterly Earnings on Thursday
Interface (NASDAQ:TILE) is scheduled to be posting its Q313 quarterly earnings results on Thursday, October 24th. Analysts expect Interface to post earnings of $0.23 per share and revenue of $260.39 million for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.
Shares of Interface (NASDAQ:TILE) traded down 0.67% during mid-day trading on Wednesday, hitting $20.65. 61,487 shares of the company’s stock traded hands. Interface has a 1-year low of $12.94 and a 1-year high of $20.30. The stock has a 50-day moving average of $18.47 and a 200-day moving average of $18.04. The company has a market cap of $1.366 billion and a P/E ratio of 70.47.
On a related note, analysts at Zacks upgraded shares of Interface from an “underperform” rating to a “neutral” rating in a research note to investors on Monday, July 29th. They now have a $19.50 price target on the stock.
In other Interface news, CEO Daniel T. Hendrix sold 8,000 shares of the stock in a transaction dated Friday, October 18th. The stock was sold at an average price of $21.01, for a total value of $168,080.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Interface Inc is an industrials company in the Office Services & Supplies industry.
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