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Interface (DE:IF6N)
FRANKFURT:IF6N
Holding DE:IF6N?
Track your performance easily
Earnings Data
Report Date
Mar 04, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
€0.28Last Year’s EPS
€0.39Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 01, 2024
|% Change Since: 48.49%
|Next Earnings Date:Mar 04, 2025
Earnings Call Sentiment|Positive
The earnings call reflected strong business performance with significant revenue growth, particularly in the Americas and education segments. Sustainability achievements and financial health were emphasized, while challenges in specific regions like Australia and the healthcare billing lag were noted. The positive highlights significantly outweighed the lowlights, indicating strong operational success and strategic direction.Company Guidance
In the Q3 2024 earnings call for Interface, Inc., the company reported strong financial performance and provided updated guidance metrics. The company achieved a currency-neutral net sales growth of 10%, with the Americas leading with an 18% increase, while EAAA sales remained flat. Adjusted gross profit margin improved by 158 basis points to 37.5%, supported by raw material cost deflation and higher fixed cost absorption. Adjusted operating income rose by 34% to $43.5 million, and adjusted EPS increased to $0.48 from $0.28 the previous year. Interface raised its full-year guidance, now expecting net sales between $1.315 billion and $1.325 billion, an adjusted gross profit margin of about 36.6%, and capital expenditures of approximately $37 million. The company continues to focus on expanding its product portfolio, enhancing supply chain efficiencies, and leveraging its One Interface strategy to drive growth and market share gains.Strong Revenue Growth
Currency-neutral net sales growth of 10% in the third quarter, with Americas net sales up 18% year-over-year, indicating strong market share gains.
Education Segment Success
Global education billings increased by 18% year-over-year, driven by strong performance in the Americas, highlighting success in the education market.
Sustainability Achievements
Interface received high recognition in sustainability, expanding carpet recycling capabilities, and providing embodied carbon metrics for product selection.
Financial Performance and Guidance
Third quarter adjusted operating income rose by 34% to $43.5 million, and full-year guidance for net sales was raised to $1.315 billion to $1.325 billion.
Strong Balance Sheet
Generated $76.2 million of cash from operating activities in Q3, repaid $51.3 million of debt, and maintained strong liquidity with $415 million at quarter end.
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DE:IF6N Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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DE:IF6N Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 01, 2024 | €15.89 | €15.99 | +0.63% |
| Aug 02, 2024 | €15.09 | €14.99 | -0.66% |
| May 03, 2024 | €14.08 | €15.88 | +12.76% |
| Feb 27, 2024 | €12.07 | €12.17 | +0.83% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Interface (DE:IF6N) report earnings?
Interface (DE:IF6N) is schdueled to report earning on Mar 04, 2025, TBA Not Confirmed.
What is Interface (DE:IF6N) earnings time?
Interface (DE:IF6N) earnings time is at Mar 04, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Interface stock?
The P/E ratio of Interface is 16.4.
What is DE:IF6N EPS forecast?
DE:IF6N EPS forecast for the fiscal quarter 2024 (Q4) is €0.28.
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