Interface (NASDAQ:TILE) Releases Quarterly Earnings Results, Beats Estimates By $0.07 EPS

Interface (NASDAQ:TILE – Get Free Report) announced its quarterly earnings data on Friday. The textile maker reported $0.68 EPS for the quarter, beating analysts’ consensus estimates of $0.61 by $0.07, FiscalAI reports. The business had revenue of $366.74 million during the quarter, compared to analyst estimates of $377.60 million. Interface had a net margin of 10.10% and a return on equity of 21.77%. The firm’s revenue for the quarter was up .6% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.61 earnings per share.

Here are the key takeaways from Interface’s conference call:

  • Adjusted diluted EPS rose 11.5% to $0.68, while adjusted operating income increased 5.7%. Adjusted gross margin expanded 103 basis points to 40.6%, as pricing, mix, and manufacturing efficiencies more than offset higher costs.
  • Demand indicators were broadly supportive: billings grew across healthcare, education, and corporate office, and Americas orders increased 6%. The company ended the quarter with backlog up 14% year to date.
  • Interface lowered its full-year net sales outlook to $1.440 billion–$1.455 billion, citing softer European conditions; Q3 sales also came in slightly below the low end of guidance. EAAA orders declined 7% as opportunities took longer to convert.
  • The company reaffirmed its full-year earnings outlook despite higher oil-related costs and new Canadian tariffs, estimated to add $5 million–$10 million annually. Management said pricing, productivity initiatives, and automation are helping offset cost pressures.

Interface Price Performance

NASDAQ:TILE opened at $30.74 on Friday. The company has a current ratio of 2.53, a quick ratio of 1.35 and a debt-to-equity ratio of 0.29. The stock has a market capitalization of $1.78 billion, a PE ratio of 12.45, a P/E/G ratio of 1.09 and a beta of 2.08. The firm has a fifty day simple moving average of $35.64 and a 200 day simple moving average of $32.30. Interface has a 1-year low of $24.40 and a 1-year high of $40.84.

Interface Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 18th. Shareholders of record on Friday, September 4th were issued a dividend of $0.03 per share. The ex-dividend date of this dividend was Friday, September 4th. This represents a $0.12 annualized dividend and a yield of 0.4%. Interface’s dividend payout ratio is currently 4.86%.

Analyst Ratings Changes

TILE has been the topic of a number of recent research reports. Barrington Research upped their target price on Interface from $36.00 to $45.00 and gave the stock an “outperform” rating in a research note on Monday, August 10th. Wall Street Zen cut Interface from a “buy” rating to a “hold” rating in a research report on Saturday, October 31st. Weiss Ratings lowered Interface from a “buy (b+)” rating to a “buy (b)” rating in a research report on Tuesday, October 27th. Finally, Zacks Research downgraded Interface from a “strong-buy” rating to a “hold” rating in a report on Friday, October 9th. Three analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $40.50.

Get Our Latest Analysis on Interface

Insider Transactions at Interface

In other news, Director Daniel Hendrix sold 8,000 shares of the company’s stock in a transaction dated Wednesday, September 2nd. The stock was sold at an average price of $37.13, for a total value of $297,040.00. Following the completion of the transaction, the director owned 88,147 shares of the company’s stock, valued at $3,272,898.11. This represents a 8.32% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP David Foshee sold 28,451 shares of the company’s stock in a transaction on Tuesday, September 8th. The stock was sold at an average price of $35.99, for a total value of $1,023,951.49. Following the transaction, the vice president owned 146,563 shares in the company, valued at $5,274,802.37. This trade represents a 16.26% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 65,621 shares of company stock worth $2,378,904. Insiders own 2.47% of the company’s stock.

Interface News Roundup

Here are the key news stories impacting Interface this week:

  • Positive Sentiment: Adjusted earnings per share were $0.68, beating the $0.61 consensus estimate and rising 11.5% year over year. Interface Q3 Earnings Top Estimates
  • Neutral Sentiment: Revenue edged up 0.6% year over year to $366.7 million, while GAAP diluted EPS was $0.67, down 14.1%. Interface Reports Third Quarter 2026 Results
  • Negative Sentiment: Quarterly sales missed analysts’ $377.6 million estimate. Interface’s FY 2026 revenue guidance of $1.4 billion–$1.5 billion also falls short of the roughly $1.5 billion consensus at the midpoint, raising concerns about near-term growth. Interface Q3 Revenue Flash

Interface Company Profile

(Get Free Report)

Interface, Inc designs and manufactures modular flooring products for commercial, institutional and residential interiors. Its portfolio includes carpet tile, broadloom carpet and resilient flooring, including luxury vinyl tile. The company serves markets such as corporate offices, hospitality, education, healthcare and retail.

Founded in 1973 by Ray Anderson, Interface is headquartered in Atlanta, Georgia, and sells its products through a global network serving customers in North America, Europe and the Asia-Pacific region.

Further Reading

Earnings History for Interface (NASDAQ:TILE)

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