Interface Sees FY23 Revenue Of $1.285B - $1.310B Vs. $1.3B Est; Q3 Revenue Of $320M - $330M Vs. $326M Est.
Portfolio Pulse from Benzinga Newsdesk
Interface Inc. has projected its FY23 revenue to be between $1.285B and $1.310B, compared to the estimated $1.3B. The company also expects its Q3 revenue to range from $320M to $330M, against the estimated $326M.
August 04, 2023 | 2:58 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Interface Inc. (TILE) has provided its revenue guidance for FY23 and Q3, which are in line with the estimates. This could indicate stable performance.
Interface's revenue guidance for FY23 and Q3 are in line with the estimates, indicating that the company expects to meet the market expectations. This could be seen as a positive sign by investors, but it does not necessarily guarantee a rise in the stock price. Therefore, the short-term impact on the stock price is neutral.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100