NASDAQ$TILE

Interface Inc · Q4 2019 earnings

Q4 2019 earnings · · Investor relations

Briefing

Interface reported an increase in Q4 net sales and EPS.

Interface reported Q4 net sales of $339 million, a 1% increase year-over-year, with organic sales up by 2%. The company's Q4 GAAP EPS was $0.28, a 155% increase, and adjusted EPS was $0.46, a 12% increase. They reduced total debt in the quarter by $30 million.

  • Q4 net sales increased by 1%, with organic sales up by 2%.
  • Q4 GAAP EPS increased by 155% to $0.28, and adjusted EPS increased by 12% to $0.46.
  • Full year net sales were up 14%, with organic sales up 2%.
  • Full year GAAP EPS increased by 60% to $1.34, and adjusted EPS increased by 7% to $1.59.

Headline financials

Total Revenue

$339M

Previous: $337M+0.7%
EPS (adj)

$0.46

Previous: $0.41+12.2%
Capital Expenditures

$20.8M

Previous: $26M-20.1%
Free Cash Flow

$31.1M

Previous: $7.09M+338.8%
Net Income

$16M

Previous: $6.4M+150.2%
Operating Income

$28M

Previous: $3.9M+617.4%
Gross Profit

$136M

Previous: $122M+11.5%
Cash & Equivalents

$81M

Previous: $81M+0.0%
Total Assets

$1.42B

Previous: $1.28B+10.8%

Revenue & EPS history

Interface · Revenue · Quarterly

$339M

Q4 2019+0.7%vs Q4 2018
Beat estimate in 15 of 16 quarters(94%)
ActualEstimate

Forward guidance

Interface is targeting to achieve organic sales growth of 2 - 4% and adjusted earnings per share of $1.60 - $1.70 for the full year of 2020.

Tailwinds

  • Targeting 2-4% organic sales growth
  • Targeting adjusted EPS of $1.60 - $1.70
  • Tax rate anticipated to be approximately 28%
  • Fully diluted share count forecast to be 59.5 million shares
  • Capital expenditures anticipated to be $50 - $60 million

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q4 2019

Historical avgQ4 2019

+1.6%

Avg return

Earnings day

+1.0%

Avg return

5 days after

+2.4%

Avg return

30 days after

61%

37 / 61 earnings

Positive

+34.5%

Q3 2024

Best reaction

-15.0%

Q2 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-2.0%-2.2%+9.1%
Q4 2025+4.0%-0.0%-20.1%
Q3 2025-2.9%-2.1%+4.6%
Q1 2025+1.9%+5.4%+6.6%
Q4 2024-11.5%-5.1%-4.4%
Q3 2024+34.5%+41.6%+52.0%
Q2 2024+1.4%-1.8%+14.1%
Q1 2024+3.6%+0.6%+1.6%
Q4 2023+15.9%+17.4%+26.5%
Q3 2023+0.8%-1.3%+12.6%
Q2 2023+4.1%+5.3%+7.9%
Q1 2023-7.8%-9.7%-4.1%
Q4 2022+4.5%+5.3%-11.4%
Q3 2022+1.3%-4.9%+5.8%
Q2 2022-15.0%-13.9%-26.8%
Q1 2022-6.5%-2.4%+4.4%
Q4 2021+12.9%+7.6%+4.0%
Q3 2021+10.5%+6.6%-1.0%
Q2 2021-3.0%-1.3%+3.7%
Q1 2021+5.4%+3.0%+25.0%
Q3 2020+13.9%+12.0%+35.7%
Q2 2020+0.1%+1.0%-14.0%
Q1 2020+0.0%-11.2%+22.7%
Q4 2019-2.2%-6.9%-54.7%
Q3 2019+11.3%+7.8%+10.6%
Q2 2019-7.6%-7.0%-30.3%
Q1 2019-7.4%-4.8%-6.7%
Q4 2018+4.6%+9.2%-9.2%
Q3 2018-7.3%-18.2%-16.8%
Q2 2018-6.2%-6.2%-0.4%
Q1 2018-9.2%-12.4%-9.2%
Q4 2017+6.1%+5.1%+4.2%
Q3 2017+5.1%+4.6%+18.0%
Q2 2017+4.2%+0.5%+1.9%
Q1 2017+1.0%+0.0%+5.1%
Q4 2016+3.4%+8.7%+4.2%
Q3 2016-4.7%+0.3%+14.6%
Q2 2016+9.7%+6.8%+6.6%
Q1 2016-5.2%
Q4 2015-9.4%
Q3 2015-13.3%
Q2 2015+7.7%
Q1 2015+7.0%
Q4 2014+15.5%
Q3 2014+2.3%
Q2 2014-5.8%
Q1 2014-2.4%
Q4 2013-6.4%
Q3 2013+2.6%
Q2 2013+3.0%
Q1 2013-4.2%
Q2 2012+0.1%
Q4 2012+5.9%
Q3 2012-1.2%
Q1 2012+1.3%
Q3 2011+3.6%
Q2 2011+10.4%
Q4 2011+10.4%
Q4 2010+10.4%
Q1 2011+2.1%
Q1 2010-1.3%

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