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

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

NASDAQ:TILE opened at $30.74 on Friday. The company has a quick ratio of 1.35, a current ratio of 2.53 and a debt-to-equity ratio of 0.29. Interface has a twelve month low of $24.40 and a twelve month high of $40.84. The company has a fifty day moving average of $35.64 and a 200-day moving average of $32.30. The firm has a market capitalization of $1.78 billion, a P/E ratio of 13.03, a P/E/G ratio of 0.87 and a beta of 2.08.

Interface Announces Dividend

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

Interface News Summary

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

Wall Street Analyst Weigh In

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

Read Our Latest Analysis on TILE

Insider Activity at Interface

In other Interface news, VP David B. Foshee sold 28,451 shares of the firm’s stock in a transaction on Tuesday, September 8th. The shares were sold at an average price of $35.99, for a total value of $1,023,951.49. Following the completion of the sale, the vice president directly owned 146,563 shares in the company, valued at approximately $5,274,802.37. This trade represents a 16.26% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Daniel T. Hendrix sold 8,000 shares of Interface stock in a transaction on Wednesday, September 2nd. The shares were sold at an average price of $37.13, for a total transaction of $297,040.00. Following the completion of the sale, the director directly owned 88,147 shares of the company’s stock, valued at approximately $3,272,898.11. This trade represents a 8.32% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 65,621 shares of company stock worth $2,378,904 in the last quarter. Company insiders own 2.47% of the company’s stock.

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.

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Earnings History for Interface (NASDAQ:TILE)

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