Culp Inc reports results for the quarter ended October 31 - Earnings Summary

Culp

04/12/2024 22:46

* Culp Inc  CULP.N  reported a quarterly adjusted loss of 45
cents​​ per share for the quarter ended October 31, lower than
the same quarter last year, when the company reported EPS of -19
cents.  The lone analyst forecast for the quarter was for a loss
of 34 cents per share. 
    * Revenue fell 5.2% to $55.67 million from a year ago;
analysts
expected $58.00 million. 
    * Culp Inc's reported EPS for the quarter was a loss of 45
cents​.
    * The company reported a quarterly loss of $5.64 million.
    * Culp Inc shares had fallen by 23.1% this quarter and
lost 13.0%
so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 3% 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 December 4 at
10:45 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
 Oct. 31 2024      -0.34          -0.45          Missed
 Jul. 31 2024      -0.53          -0.58          Missed
 Apr. 30 2024      -0.45          -0.39          Beat
 Jan. 31 2024      -0.19          -0.26          Missed