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

• Culp Inc CULP.N reported a quarterly adjusted loss of 33 cents​​ per share for the quarter ended January 31, lower than the same quarter last year, when the company reported EPS of -26 cents. The lone analyst forecast for the quarter was for a loss of 24 cents per share.

• Revenue fell 13.5% to $52.25 million from a year ago; analysts expected $56.00 million.

• Culp Inc's reported EPS for the quarter was a loss of 33 cents​.

• The company reported a quarterly loss of $4.13 million.

• Culp Inc shares had fallen by 13.1% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 700% 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 March 5 at 11:21 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)