Culp Inc reports results for the quarter ended in April - Earnings Summary

Culp

27/06/2024 22:21

* Culp Inc  CULP.N  reported a quarterly adjusted loss of 39
cents​​ per share for the quarter ended in April, lower than the
same quarter last year, when the company reported EPS of -38
cents.  The lone analyst forecast for the quarter was for a loss
of 45 cents per share. 
    * Revenue fell 19.4% to $49.53 million from a year ago;
analysts
expected $49.70 million. 
    * Culp Inc's reported EPS for the quarter was a loss of 39
cents​.
    * The company reported a quarterly loss of $4.87 million.
    * Culp Inc shares had fallen by 7.9% this quarter and
lost 23.7%
so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 20%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 

This summary was machine generated from LSEG data June 27 at
09:21 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jan. 1 0001       -0.45          -0.39          Beat
 Jan. 31 2024      -0.19          -0.26          Missed
 Oct. 31 2023      -0.22          -0.19          Beat
 Jul. 31 2023      -0.35          -0.23          Beat