Recap: Culp Q3 Earnings

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Culp CULP reported its Q3 earnings results on Wednesday, March 6, 2024 at 04:15 PM.

Here's what investors need to know about the announcement.

Earnings

Culp missed estimated earnings by -62.0%, reporting an EPS of $-0.26 versus an estimate of $-0.16.

Revenue was up $7.89 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.03 which was followed by a 10.0% increase in the share price the next day.

Here's a look at Culp's past performance:

Quarter Q2 2024 Q1 2024 Q4 2023 Q3 2023
EPS Estimate -0.22 -0.35 -0.47 -0.61
EPS Actual -0.19 -0.23 -0.38 -0.73
Revenue Estimate 57.80M 60.11M 55.52M 54.89M
Revenue Actual 58.73M 56.66M 61.43M 52.52M

To track all earnings releases for Culp visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Posted In: EarningsBZI-Recaps
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