Interface Inc. Q3 Earnings Climb 142%

(RTTNews) - Interface Inc. (TILE) released a profit for its third quarter that advanced compared to the same period last year.

The company said its bottom line climbed to $20.1 million, or $0.31 per share. This was higher than $8.3 million, or $0.13 per share, in last year's third quarter.

Analysts had expected the company to earn $0.31 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 1.0% to $254.69 million. This was up from $252.19 million last year.

Interface Inc. earnings at a glance:

-Earnings (Q3): $20.1 Mln. vs. $8.3 Mln. last year. -Earnings Growth (Y-o-Y): 142.2% -EPS (Q3): $0.31 vs. $0.13 last year. -EPS Growth (Y-o-Y): 138.5% -Analysts Estimate: $0.31 -Revenue (Q3): $254.69 Mln vs. $252.19 Mln last year. -Revenue Change (Y-o-Y): 1.0%