Skip to main content

Market Overview

Culp's Earnings Preview

Share:

On Thursday, September 5, Culp (NYSE: CULP) will release its latest earnings report. Here is Benzinga's outlook for the company.

Earnings and Revenue

Based on Culp management projections, analysts predict EPS of 15 cents on revenue of $73.23 million.

Culp reported a per-share profit of 17 cents when it published results during the same quarter last year. Sales in that period totaled $71.47 million. If the company were to match the consensus estimate when it reports Thursday, earnings would be down 11.76%. Sales would be up 2.46% on a year-over-year basis. Here's how the Culp's reported EPS has stacked up against analyst estimates in the past:

 

Quarter Q4 2019 Q3 2019 Q2 2019 Q1 2019 Q4 2018
EPS Estimate 0.140 0.25 0.21 0.24 0.43
EPS Actual -0.110 0.27 0.23 0.17 0.37

Stock Performance

Over the last 52-week period, shares are down 46.94%. Given that these returns are generally negative, long-term shareholders won't be happy going into this earnings release. Analysts have adjusted their estimates lower for EPS and revenues over the past 90 days. The average rating by analysts on Culp stock is a Buy. The strength of this rating has maintained conviction over the past 90 days.

 

Related Articles (CULP)

View Comments and Join the Discussion!

Posted-In: Earnings News

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com