Interface Profit Rises, Yet Misses Street - Quick Facts

(RTTNews) - Interface Inc. (TILE), a maker of modular carpet products, Wednesday reported fourth-quarter net income of $15.3 million or $0.23 per share compared with $7.4 million or $0.11 per share last year.

Excluding items, adjusted earnings for the quarter were $0.20 per share compared with $0.16 per share a year ago.

Revenues for the quarter were up at $251.7 million compared with $249.6 million in the prior year.

Analysts polled by Thomson Reuters estimated earnings of $0.22 per share on revenues of $255.5 million for the quarter. Analysts' estimates typically exclude special items.