Interface, Inc. (NASDAQ:TILE) is reporting second quarter financial results on Friday 7th August 2020, before market open.
According to analysts surveyed by Thomson Reuters, TILE is expected to report 2Q20 income of $ 0.06 per share from revenue of $ 251.70 million.
For the full year, analysts anticipate top line of $ 1100.10 million, while looking forward to income of $ 0.91 per share bottom line.
The Company Outlook
Full Year 2020 bottomline are predicted in a range of $ 1.60 ~ $ 1.70 per share
Click Here For More Historical Outlooks Of Interface, Inc.
Previous Quarter Performance
Interface, Inc. unfold income for the first quarter of $ 0.32 per share, from the revenue of $ 288.17 million. The quarterly earnings developed 128.57 percent while revenues dropped 3.20 percent compared with the same quarter last year.
Street analysts expected Interface, Inc. to report income of $ 0.21 per share on revenue of $ 298.12 million for the first quarter. The bottom line results beat street analysts by $ 0.11 or 52.38 percent, at the same time, top line results fell short of analysts by $ 9.95 million or 3.34 percent.
Historical Earnings Performance
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Stock Performance
The company has a market capital of $ 471.91 million and is part of the Consumer Cyclical sector and Textile Manufacturing industry.
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Recent Stock Dividend Announcement
The board of directors has authorized quarterly dividend of $ 0.01 per share on May 19, 2020. The dividend were payable on June 19, 2020 to holders of record as of the close of business on June 5, 2020 and ex-dividend date on June 4, 2020.
Conference Call
Interface, Inc. will be hosting a conference call at 8:00 AM eastern time on 7th August 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.interface.com
Interface, Inc., a modular flooring company, designs, produces, and sells modular carpet products primarily in the Americas, Europe, and the Asia-Pacific. The company offers modular carpets under the Interface and FLOR names; carpet tiles under the GlasBacRE name for use in commercial interiors, including offices, healthcare facilities, airports, educational and other institutions, hospitality spaces, and retail facilities, as well as residential interiors; modular resilient flooring products; rubber flooring under the norament and noraplan brands; and luxury vinyl tile products. It also produces and sells an adapted version of its carpet tile for the healthcare facilities market; and two-meter roll goods that are structure-backed for use in education, healthcare, and government markets, as well as carpet replacement, installation, and maintenance services.
