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Recap: Interface Q2 Earnings

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Shares of Interface (NASDAQ:TILE) rose 4.3% in pre-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share were down 47.06% year over year to $0.27, which beat the estimate of $0.06.

Revenue of $259,504,000 decreased by 27.41% year over year, which beat the estimate of $251,700,000.

Guidance

Earnings guidance hasn't been issued by the company for now.

Interface hasn't issued any revenue guidance for the time being.

Details Of The Call

Date: Aug 07, 2020

View more earnings on TILE

Time: 08:00 AM

ET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Finvestors.interface.com%2Fevents-and-presentations%2Fdefault.aspx&eventid=2395720&sessionid=1&key=9C7E478EC2D35B56AB8221BE29FB99E0&regTag=&sourcepage=register

Technicals

Company's 52-week high was at $17.68

Company's 52-week low was at $5.06

Price action over last quarter: down 0.93%

Company Overview

Interface Inc is engaged in designing, production and sale of carpet tile. The company mainly targets corporate and noncorporate office markets, including government, education, healthcare, hospitality, and retailers. Its Geographical segments include Americas, Europe, and Asia-Pacific. Generating, a majority of its revenue from America.

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