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Interface (TILE) Q2 Earnings and Revenues Beat Estimates
ZACKSยท 2025-08-01 12:16
Core Insights - Interface reported quarterly earnings of $0.6 per share, exceeding the Zacks Consensus Estimate of $0.47 per share, and showing an increase from $0.4 per share a year ago, resulting in an earnings surprise of +27.66% [1] - The company achieved revenues of $375.52 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 4.31%, compared to $346.64 million in the same quarter last year [2] - Interface has consistently surpassed consensus EPS estimates over the last four quarters, achieving this four times [2] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.48 on revenues of $352 million, and for the current fiscal year, it is $1.58 on revenues of $1.35 billion [7] - The estimate revisions trend for Interface was mixed ahead of the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6] Industry Context - The Textile - Home Furnishing industry, to which Interface belongs, is currently in the top 40% of over 250 Zacks industries, suggesting a favorable outlook compared to the bottom 50% [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]