Interface (Nasdaq: IFSIA) is expected to report Q3 earnings on Oct. 24. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Interface's revenues will compress -7.1% and EPS will grow 15.8%.
The average estimate for revenue is $253.6 million. On the bottom line, the average EPS estimate is $0.22.
Revenue details
Last quarter, Interface logged revenue of $254.6 million. GAAP reported sales were 4.9% lower than the prior-year quarter's $267.6 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS details
Last quarter, EPS came in at $0.16. GAAP EPS of $0.16 for Q2 were 20% lower than the prior-year quarter's $0.20 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
Recent performance
For the preceding quarter, gross margin was 33.2%, 220 basis points worse than the prior-year quarter. Operating margin was 8.7%, 110 basis points worse than the prior-year quarter. Net margin was 4.0%, 80 basis points worse than the prior-year quarter.
Looking ahead
The full year's average estimate for revenue is $984.6 million. The average EPS estimate is $0.71.
Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 102 members out of 120 rating the stock outperform, and 18 members rating it underperform. Among 42 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 39 give Interface a green thumbs-up, and three give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Interface is outperform, with an average price target of $15.25.
- Add Interface to My Watchlist.
