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

Reuters
05 Dec 2024
Culp Inc reports results for the quarter ended October 31 - Earnings Summary
  • 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

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