TILE Earnings Prediction
The chart below shows how TILE performed 10 days before and after its earnings report, based on data from the past quarters. Typically, TILE sees a +0.50% change in stock price 10 days leading up to the earnings, and a +0.28% change 10 days following the report. On the earnings day itself, the stock moves by +4.24%. This data can give you a slight idea of what to expect for the next quarter's release.
TILE Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
344.27M
10.70%
-0.68%
Gross Margin
37.07%
4.57%
4.81%
Operating Margin
12.25%
22.99%
11.26%
Net Margin
8.26%
159.75%
26.88%
EPS
0.48
182.35%
26.32%
No Data Available
TILE Earnings Analysis
Interface Inc Corporation (TILE.O) Earnings Conference Call
Positive
Net Sales Increase: Third quarter net sales totaled $344.3 million, an increase of 11% versus the third quarter of 2023.
Americas Net Sales Growth: Third quarter FX neutral net sales in the Americas were up 18% year-over-year, driven primarily by strength in the Education market segment as well as strong retail billings.
Gross Profit Margin Increase: Third quarter adjusted gross profit margin was 37.5%, an increase of 158 basis points on raw material cost deflation and higher fixed cost absorption due to increased volume compared to the same period last year.
Operating Income Increase: Third quarter adjusted operating income was $43.5 million, up 34% versus adjusted operating income of $32.4 million in the third quarter last year.
Operating Cash Generation: We generated $76.2 million of cash from operating activities in the third quarter.
Negative
Net Sales Increase: Third quarter net sales totaled $344.3 million, an increase of 11% versus the third quarter of 2023.
Americas Net Sales Growth: Third quarter FX neutral net sales in the Americas were up 18% year-over-year, driven primarily by strength in the Education market segment as well as strong retail billings.
Gross Profit Margin Increase: Third quarter adjusted gross profit margin was 37.5%, an increase of 158 basis points on raw material cost deflation and higher fixed cost absorption due to increased volume compared to the same period last year.
Adjusted SG&A Expenses Analysis: Third quarter adjusted SG&A expenses were $85.5 million or 24.8% of net sales in the third quarter compared to $79.2 million or 25.5% of net sales in the third quarter last year.
Operating Income Increase: Third quarter adjusted operating income was $43.5 million, up 34% versus adjusted operating income of $32.4 million in the third quarter last year.
TILE FAQs
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TILE Earning Call Sentiment
Interface, Inc. (TILE) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
TILE.O
-1.06%Positive
The financial performance showed strong year-over-year growth in net sales and adjusted EPS, and debt repayment indicates strong financial health. Despite competitive pressures and supply chain challenges, the company is optimistic about future opportunities, particularly in the corporate office and education sectors. The Q&A section highlighted management's confidence in growth and margin improvement. The positive aspects outweigh the risks, suggesting a likely positive stock price movement.
