Interface Inc. Reports 16% Rise In Q4 Profit

(RTTNews) - Interface Inc. (TILE) reported earnings for its fourth quarter that rose from last year.

The company said its bottom line came in at $18.25 million, or $0.28 per share. This was up from $15.8 million, or $0.24 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.29 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 9.4% to $246.64 million. This was down from $272.10 million last year.

Interface Inc. earnings at a glance:

-Earnings (Q4): $18.25 Mln. vs. $15.8 Mln. last year. -Earnings Growth (Y-o-Y): 15.5% -EPS (Q4): $0.28 vs. $0.24 last year. -EPS Growth (Y-o-Y): 16.7% -Analysts Estimate: $0.29 -Revenue (Q4): $246.64 Mln vs. $272.10 Mln last year. -Revenue Change (Y-o-Y): -9.4%