Interface (TILE) to Release Earnings on Friday

Interface (NASDAQ:TILE) is anticipated to post its Q1 2025 quarterly earnings results 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) last released its quarterly earnings results on Tuesday, February 25th. The textile maker reported $0.34 earnings per share for the quarter, beating analysts’ consensus estimates of $0.29 by $0.05. Interface had a return on equity of 19.91% and a net margin of 6.49%. The business had revenue of $335.00 million for the quarter, compared to the consensus estimate of $340.51 million. During the same quarter last year, the business posted $0.41 earnings per share. The company’s revenue for the quarter was up 3.0% on a year-over-year basis. 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

Shares of Interface stock opened at $18.80 on Thursday. The company has a fifty day moving average of $19.12 and a 200-day moving average of $22.13. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.38 and a current ratio of 2.57. Interface has a 52-week low of $14.13 and a 52-week high of $27.34. The stock 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 Dividend Announcement

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

Insider Buying and Selling at Interface

In other Interface news, Director Daniel T. Hendrix sold 7,500 shares of the firm’s stock in a transaction dated Monday, March 3rd. The shares were sold at an average price of $19.95, for a total value of $149,625.00. Following the completion of the sale, the director now owns 96,147 shares of the company’s stock, valued at $1,918,132.65. This trade represents a 7.24 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 2.60% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on TILE shares. StockNews.com upgraded Interface from a “hold” rating to a “buy” rating in a research note on Monday. Barrington Research reissued an “outperform” rating and set a $30.00 price target on shares of Interface in a report on Tuesday, April 15th.

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.