According to Zacks Investment Research, Interface, Inc. (NASDAQ: TILE) will report $0.04 as its 4th quarter earnings per share. Two analysts have shared their EPS estimates for this company till now.
For the corresponding quarter previous year, the company posted an EPS of $0.32. This suggests a negative yearly growth rate of 87.5%. Analysts expect Interface, Inc. to post its Q4 earnings report on the 14th of May.
Further estimates from Zacks Investment Research suggest that Interface, Inc. (TILE) will report $0.79 EPS as its FY2020. In this case, analysts’ estimates range from $0.71 to $0.86. The company is expected to announce $0.98 as FY2021 EPS.
TILE stocks traded at $13.10 this Monday. The company’s current market capitalization stands at $768.21 million. It has a negative PE ratio of 10.16 along with a beta of 2.16 at the moment. The 12-monthly high to low ranges from $14.35 to $5.65. The 50SMA (50 Days Simple Moving Average) stands at $12.12 and its 200SMA stands at $9.24.
NASDAQ: TILE Stock Analysis
The quarterly earnings report for the previous fiscal quarter was released by the company on the 1st of March. The earnings stood at $0.27 EPS for that quarter as opposed to the general consensus on the estimated earnings at $0.25 proposed by analysts at several research firms.
The company’s return on equity currently stands at 27.11% along with a net margin of -6.44%. The estimated revenue for the firm was marked at $278.83 million but it made $276.90 million for the quarter. According to analysts’ reports, Interface, Inc.’s revenue has increased by 18.4% based on a yearly evaluation.
TILE stocks have recently been the subject of a lot of reports by equities analysts. Some such as Zacks Investment Research, and so on have posted reports on this firm over the last few months. Zacks downgraded the rating of the company from an earlier “Hold” to a revised “Sell.” Several hedge funds and institutional investors have altered their shareholdings in this company recently.