Interface Q2 2024 Adj. EPS $0.40 Beats $0.28 Estimate, Sales $346.600M Beat $340.276M Estimate
Portfolio Pulse from Benzinga Newsdesk
Interface (NASDAQ:TILE) reported Q2 2024 earnings per share of $0.40, significantly beating the analyst estimate of $0.28. The company also reported sales of $346.6 million, surpassing the estimate of $340.276 million. Both earnings and sales showed substantial year-over-year growth.
August 02, 2024 | 9:32 am
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Interface (NASDAQ:TILE) reported Q2 2024 earnings per share of $0.40, significantly beating the analyst estimate of $0.28. The company also reported sales of $346.6 million, surpassing the estimate of $340.276 million. Both earnings and sales showed substantial year-over-year growth.
Interface's strong earnings and sales performance, significantly beating analyst estimates, is likely to positively impact the stock price in the short term. The substantial year-over-year growth further supports a positive outlook.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100