Culp Stock (NYSE:CULP), Trade Ideas

Culp

Culp Inc manufactures, sources, and markets mattress fabrics and sewn covers used for covering mattresses and box springs and upholstery fabrics including cut and sewn kits used in the production of upholstered furniture. The company has two operating segments Mattress fabrics and Upholstery fabrics. The mattress fabrics segment, also known as Culp Home Fashions, manufactures and markets mattress fabrics and mattress covers to bedding manufacturers. The upholstery fabrics segment markets fabrics for residential and commercial furniture, including jacquard woven fabrics, velvets, micro denier suedes, woven dobbies, knitted fabrics, piece-dyed woven products, and polyurethane leather look fabrics.

Earnings

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After-Hours Center

Movers

CULP

Culp, Inc. (NYSE: CULP) shares are trading higher in Monday&#39;s after-hours session on the heels of the company&#39;s second-quarter earnings.

Culp Posts Respectable Q2 Financial Results, Issues Net Sales Forecast

Pre-Market Outlook

Markets

Trading Ideas

ESTC

GTLB

PATH

SAIC

The CNN Money Fear and Greed index showed an improvement in overall market sentiment, while the index remained in the &#34;Greed&#34; zone on Friday.

U.S. stocks closed higher on Friday, with the S&amp;P 500 index jumping to a new closing high for 2023.

Investor Sentiment Increases As S&amp;P 500 Reaches 2023 Record

Long Ideas

Insider Trades

ASAN

FIVE

Although U.S. stocks closed lower on Tuesday, there were a few notable insider trades.

Around $8M Bet On Southwest Gas Holdings? Check Out These 4 Stocks Insiders Are Buying

Culp Inc

CULPEO MINERALS LTD by Culpeo Minerals Limited

Culpeo Minerals Ltd

QCR Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCRH#NASDAQ">QCRH</a>) reported quarterly earnings of $1.59 per share which beat the analyst consensus estimate of $1.30 by 22.31 percent. This is a 3.64 percent decrease over earnings of $1.65 per share from the same period last year. The company reported quarterly sales of $54.699 million which missed the analyst consensus estimate of $63.769 million by 14.22 percent. This is a 3.72 percent decrease over sales of $56.810 million the same period last year.

Earnings Beats

Earnings Misses

QCRH

QCR Hldgs Q1 2024 Adj EPS $1.59 Beats $1.30 Estimate, Sales $54.699M Miss $63.769M Estimate

WIIM

VICR

Vicor shares are trading lower after the company reported worse-than-expected Q1 sales results.

Bank of N.T Butterfield (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NTB#NYSE">NTB</a>) reported quarterly earnings of $1.17 per share which beat the analyst consensus estimate of $0.97 by 20.62 percent. This is a 5.65 percent decrease over earnings of $1.24 per share from the same period last year. The company reported quarterly sales of $142.800 million which beat the analyst consensus estimate of $137.323 million by 3.99 percent. This is a 2.86 percent decrease over sales of $147.000 million the same period last year.

Bank of N.T Butterfield Q1 2024 Adj EPS $1.17 Beats $0.97 Estimate, Sales $142.800M Beat $137.323M Estimate

Stride shares are trading higher after the company reported better-than-expected Q3 financial results and issued FY24 revenue guidance above estimates.

Enphase Energy Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ENPH#NASDAQ">ENPH</a>) reported financial results for the first quarter after the market close on Tuesday. 
Here&#8217;s a rundown of the energy company&#8217;s quarterly results and a look at what&#8217;s <a href="https://www.benzinga.com/pressreleases/24/04/g38389532/enphase-energy-reports-financial-results-for-the-first-quarter-of-2024">driving shares lower after hours</a>.
Q1 Earnings: Enphase Energy reported first-quarter revenue of $263.3 million, which missed the&nbsp;<a href="https://www.benzinga.com/calendars/earnings" target="_blank" rel="noreferrer noopener">consensus estimate</a>&nbsp;of $281.95 million, according to&nbsp;<a href="https://benzinga.grsm.io/gxjhpowx7zks" target="_blank" rel="noreferrer noopener">Benzinga Pro</a>. The company reported adjusted earnings of 35 cents per share, which missed analyst estimates of 40 cents per share.
U.S. revenue was down approximately 34% on a year-over-year basis, while revenues in Europe climbed approximately 70%. 
&#8220;The decline in revenue for the&nbsp;first quarter&nbsp;of 2024 compared to the&nbsp;fourth quarter&nbsp;of 2023 was the result of seasonality and a further softening in U.S. demand, while we continued to reduce shipments to manage channel inventory,&#8221; the company said. 
Gross margin came in at 43.9%. Enphase said it generated $49.2 million in cash flow from operations and $41.8 million in free cash flow during the quarter. The company ended the quarter with $1.63 billion in cash, cash equivalents&nbsp;and marketable securities.
Outlook: Enphase saw second-quarter revenue in the range of $290 million to $330 million versus estimates of $350.706 million. The company anticipated second-quarter gross margin of 42% to 45%. 
Shares appeared to be reacting negatively to the company&#8217;s worse-than-expected results combined with Enphase&#8217;s weak guidance for the second quarter. 
Management will hold a conference call to discuss these results at 4:30 p.m. ET.
Related Link: <a href="https://www.benzinga.com/news/24/04/38376714/wall-streets-most-accurate-analysts-views-on-3-energy-stocks-with-over-3-dividend-yields">Wall Street&#8217;s Most Accurate Analysts&#8217; Views On 3 Energy Stocks With Over 3% Dividend Yields</a>
ENPH Price Action: <a href="https://www.benzinga.com/quote/ENPH">Enphase shares</a> were down 5.14% after hours at $107.65 at the time of publication, according to <a href="https://benzinga.grsm.io/gxjhpowx7zks" target="_blank" rel="noreferrer noopener">Benzinga Pro</a>.
Photo: Shutterstock.

Tech

ENPH

Enphase Energy Q1 Earnings: Revenue, EPS Come In Below Estimates Amid 'Softening' US Demand

Guidance

Stride Sees FY24 Revenue $2.025B-$2.040B Vs $2.023B Est.

AudioEye (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AEYE#NASDAQ">AEYE</a>) reported quarterly earnings of $0.08 per share which beat the analyst consensus estimate of $(0.08) by 200 percent. The company reported quarterly sales of $8.083 million which beat the analyst consensus estimate of $8.035 million by 0.59 percent. This is a 4.00 percent increase over sales of $7.772 million the same period last year.

AEYE

AudioEye Q1 2024 Adj EPS $0.08 Beats $(0.08) Estimate, Sales $8.083M Beat $8.035M Estimate

Weatherford International (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WFRD#NASDAQ">WFRD</a>) reported quarterly earnings of $1.50 per share which beat the analyst consensus estimate of $1.37 by 9.49 percent. This is a 54.64 percent increase over earnings of $0.97 per share from the same period last year. The company reported quarterly sales of $1.358 billion which beat the analyst consensus estimate of $1.325 billion by 2.51 percent. This is a 14.50 percent increase over sales of $1.186 billion the same period last year.

WFRD

Weatherford International Q1 2024 GAAP EPS $1.50 Beats $1.37 Estimate, Sales $1.358B Beat $1.325B Estimate

Stride (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LRN#NYSE">LRN</a>) reported quarterly earnings of $1.60 per share which beat the analyst consensus estimate of $1.42 by 12.68 percent. The company reported quarterly sales of $520.800 million which beat the analyst consensus estimate of $507.180 million by 2.69 percent. This is a 10.74 percent increase over sales of $470.284 million the same period last year.

Stride Q3 2024 GAAP EPS $1.60 Beats $1.42 Estimate, Sales $520.800M Beat $507.180M Estimate

Highwoods Props (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HIW#NYSE">HIW</a>) reported quarterly earnings of $0.89 per share which met the analyst consensus estimate. This is a 9.18 percent decrease over earnings of $0.98 per share from the same period last year. The company reported quarterly sales of $211.275 million which beat the analyst consensus estimate of $206.784 million by 2.17 percent. This is a 0.69 percent decrease over sales of $212.752 million the same period last year.

Highwoods Props Q1 2024 FFO $0.89, Inline, Sales $211.275M Beat $206.784M Estimate

Western New England (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WNEB#NASDAQ">WNEB</a>) reported quarterly earnings of $0.14 per share which beat the analyst consensus estimate of $0.12 by 16.67 percent. The company reported quarterly sales of $18.018 million which beat the analyst consensus estimate of $15.850 million by 13.68 percent. This is a 16.13 percent decrease over sales of $21.483 million the same period last year.

WNEB

Western New England Q1 2024 GAAP EPS $0.14 Beats $0.12 Estimate, Sales $18.018M Beat $15.850M Estimate

Netflix Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>) shares were trading up 4.17% to $577.75 at market close Tuesday as the stock rebounds after its recent <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/04/38339754/netflix-stock-sized-up-by-7-analysts-post-q1-results-pivot-from-a-high-growth-low-p">earnings report</a>.
The company last week reported a strong first quarter with revenue reaching $9.37 billion, up by 14.8% compared to the previous year, surpassing analyst expectations. Earnings per share stood at $5.28, beating estimates of $4.51. 
The streaming giant added 9.33 million paid subscribers, totaling 269.60 million, marking a 16.0% increase from the previous year. These figures exceeded the company&#8217;s own forecasts&#8230;<a href="https://www.benzinga.com/news/earnings/24/04/38324337/netflix-q1-earnings-highlights-revenue-beat-eps-beat-9-33-million-paid-subs-added-ad-tier-plan-upda">Read More</a>
<h1 class="wp-block-heading">Is NFLX A Good Stock To Buy?</h1>
Wall Street analysts viewed Netflix on the whole as an Outperform, given the history of coverage over the past three months. Macquarie&#8217;s Tim Nollen was the most optimistic, expecting a 45.12% rise in the stock in the coming year.
But looking at how the market as a whole thinks of the stock, a person can reference historical price action for views on whether investors feel strongly about the stock one way or another. 
In the past three months, Netflix rose 4.49%, which indicated opinion improved on the business and how attractive it was to own based on either its stock price or underlying fundamentals, such as revenue, which rose 14.8% over the past year.
A complete overview of how Wall Street views individual stocks is available <a href="https://www.benzinga.com/analyst-stock-ratings">here</a>, while real-time updates on the latest analyst actions are delivered via <a href="https://pro.benzinga.com">Benzinga PRO</a>. Try it for free.
Netflix has a 52-week high of $639 and a 52-week low of $315.62.
Photo: Shutterstock

Entertainment

NFLX

What's Going On With Netflix Shares?

Avangrid (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AGR#NYSE">AGR</a>) reported quarterly earnings of $0.88 per share which beat the analyst consensus estimate of $0.68 by 29.41 percent. This is a 24.14 percent decrease over earnings of $1.16 per share from the same period last year. The company reported quarterly sales of $2.417 billion which missed the analyst consensus estimate of $2.537 billion by 4.75 percent. This is a 1.99 percent decrease over sales of $2.466 billion the same period last year.

Avangrid Q1 2024 Adj EPS $0.88 Beats $0.68 Estimate, Sales $2.417B Miss $2.537B Estimate

TCMD

Tactile Systems Technology Sees Prelim Q1 2024 Revenue ~$61M Vs $59.175M Est.

Former Dallas Fed President Robert Kaplan offered a stern critique of current U.S. fiscal policies, suggesting that they are hampering the Federal Reserve&#8217;s ability to lower interest rates <a href="https://www.benzinga.com/topic/inflation">amidst ongoing economic pressures.</a>
In exclusive interview with <a href="https://marketnews.com/rpt-mni-interview-kaplan-says-loose-fiscal-is-holding-up-cut">Market News</a> (MNI), Kaplan highlighted that the expansive fiscal measures, which include unspent funds from various acts like the ARPA, CHIPS, and the Infrastructure Act, have contributed to sustained inflation, particularly in the services sector, leaving the Fed in a position where rate cuts are not advisable in the near term.
<h3 class="wp-block-heading">Impact Of Loose Fiscal Spending</h3>
Kaplan stressed the contradiction between the Federal Reserve&#8217;s efforts to temper demand through tighter monetary policy and the government&#8217;s fiscal actions, which continue to stimulate demand. 
He expressed concerns over the potential economic consequences of these policies, including rising debt-to-GDP ratios and interest payments that could soon surpass national defense spending.
Kaplan suggested that the central bank might need to avoid lowering rates throughout this year, citing services inflation propped up by loose fiscal measures as a key concern.
&#8220;I would be kicking the can down the road and I would not be ready to cut rates until I saw more sustained improvement but I would also be keeping my options open,&#8221; Kaplan stated during the interview. 
&#8220;I would be prepared to consider that we might do a couple and I&#8217;d be prepared to do zero,&#8221; he said, reflecting on the possibilities of future rate adjustments.
According to Kaplan, the neutral short-term rate is likely elevated due to the robust and continuous economic boost from government spending. 
&#8220;Monetary policy is highly restrictive, however, fiscal policy is historically stimulative,&#8221; he noted, pointing out the discord between the Fed&#8217;s intentions and fiscal activities.
Kaplan expressed concerns over the economic sacrifices made to possibly achieve a soft landing. He underscored the rising national debt, anticipating that interest payments might soon eclipse defense expenditure. 
&#8220;We&#8217;re buying this soft landing,&#8221; Kaplan remarked. 
&#8220;These are the kinds of projects you would normally do after you had a recession, and we&#8217;re doing it pre-recession, and the cost of it is higher interest rates.&#8221;
Kaplan attributed the persistence of high services prices to the government&#8217;s spending spree, suggesting that &#8220;it&#8217;s going to remain sticky, as long as you&#8217;ve got the fiscal spigot pretty wide.&#8221;
<h3 class="wp-block-heading">The Cost Of A &#8216;Soft Landing&#8217;</h3>
The tension between fiscal and monetary policy is a critical point of contention for Kaplan, who fears that without a recalibration of fiscal spending, the U.S. could face prolonged high interest rates and a potentially destabilizing economic scenario. 
The International Monetary Fund has also flagged concerns, predicting a fiscal deficit of 7.1% by 2025 and signaling significant risks to the global economy due to the U.S.&#8217;s expansive fiscal deficit.
Read also: <a href="https://www.benzinga.com/general/macro-notification/24/04/38337484/is-the-us-national-debt-unsustainable-we-cant-have-a-deficit-of-7-of-the-gdp">Is The US National Debt Unsustainable? &#8216;We Can&#8217;t Have A Deficit Of 7% Of The GDP&#8217;</a>
Kaplan advocated for a more comprehensive government strategy to combat inflation, which would involve scrutinizing all aspects of economic policies rather than just monetary adjustments. 
&#8220;It would be unfortunate if the answer is everything stays the same and so the Fed is left to either delay much longer or take action&#8221; and raise rates, he commented.
He also suggested that the Fed should better communicate how fiscal spending impacts economic dynamics, emphasizing that the elevated neutral rate is largely fueled by aggressive fiscal activities. 
Kaplan believes the real solution may involve either maintaining higher rates longer or moderating fiscal spending to balance economic growth.
Read now:<a href="https://www.benzinga.com/general/macro-notification/24/04/38325320/small-group-of-hedge-funds-wields-dominance-in-us-treasury-market-a-concentration-of-v"> Small Group Of Hedge Funds Wields Dominance In US Treasury Market: &#8216;A Concentration Of Vulnerability Has Built Up,&#8217; IMF Warns</a>
Image generated using artificial intelligence via Midjourney.

Market Summary

Treasuries

Econ #s

Federal Reserve

'We're Buying This Soft Landing': Former Fed Governor Blames Government Spending For Delaying Rate Cuts

Stock Split

Bakkt Holdings, Inc. Class A Common Stock

BKKT

Bakkt Announces 1-for-25 Reverse Stock Split, Expected To Begin Trading On Reverse Split-Adjusted Basis On April 29

BYFC

Broadway Financial Reveals Receipt Of Notice From Nasdaq Regarding Filing Requirement For Form 10-K

Management

Tactile Systems Technology Appoints Sheri Dodd As CEO

The two travel companies will share promotional offerings to each other&#39;s customers, providing offers to a broad spectrum of travelers. Allegiant, with more than 15 million Allways Rewards members, and Travel + Leisure Co., with more than 800,000 vacation ownership members and 3.5 million vacation exchange members, will each benefit from a highly engaged base of travelers.

ALGT

Travel + Leisure, Allegiant Ink Multi-Year Marketing Agreement

Financial giants have made a conspicuous bearish move on Fair Isaac. Our analysis of options history for Fair Isaac (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FICO#NYSE">FICO</a>) revealed 9 unusual trades.
Delving into the details, we found 22% of traders were bullish, while 33% showed bearish tendencies. Out of all the trades we spotted, 6 were puts, with a value of $664,490, and 3 were calls, valued at $419,720.
<h3>Projected Price Targets</h3>
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $1150.0 to $1300.0 for Fair Isaac during the past quarter. 
<h3>Analyzing Volume &amp; Open Interest</h3>
In terms of liquidity and interest, the mean open interest for Fair Isaac options trades today is 77.75 with a total volume of 994.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Fair Isaac's big money trades within a strike price range of $1150.0 to $1300.0 over the last 30 days.
<h3>Fair Isaac Call and Put Volume: 30-Day Overview</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1713905142_0.png" alt="Options Call Chart" />
<h3>Biggest Options Spotted:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th style="text-align: right;">Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>FICO</td>
<td>PUT</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>05/17/24</td>
<td>$37.3</td>
<td>$35.2</td>
<td>$37.0</td>
<td>$1150.00</td>
<td>$336.4K</td>
<td style="text-align: right;">7</td>
<td style="text-align: right;">133</td>
</tr>
<tr>
<td>FICO</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$98.7</td>
<td>$95.3</td>
<td>$95.3</td>
<td>$1300.00</td>
<td>$219.1K</td>
<td style="text-align: right;">43</td>
<td style="text-align: right;">23</td>
</tr>
<tr>
<td>FICO</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>12/20/24</td>
<td>$99.1</td>
<td>$93.5</td>
<td>$95.9</td>
<td>$1300.00</td>
<td>$163.0K</td>
<td style="text-align: right;">43</td>
<td style="text-align: right;">40</td>
</tr>
<tr>
<td>FICO</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>05/17/24</td>
<td>$38.1</td>
<td>$37.8</td>
<td>$38.19</td>
<td>$1150.00</td>
<td>$136.5K</td>
<td style="text-align: right;">7</td>
<td style="text-align: right;">269</td>
</tr>
<tr>
<td>FICO</td>
<td>PUT</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>05/17/24</td>
<td>$37.8</td>
<td>$33.2</td>
<td>$37.57</td>
<td>$1150.00</td>
<td>$77.7K</td>
<td style="text-align: right;">7</td>
<td style="text-align: right;">54</td>
</tr>
</tbody>
</table>

<h3>About Fair Isaac</h3>
Founded in 1956, Fair Isaac Corporation is a leading applied analytics company. Fair Isaac is primarily known for its FICO credit scores, which is a widely used industry benchmark to determine the creditworthiness of an individual consumer. The firm's credit scores business accounts for most of the firm's profits and consists of business-to-business and business-to-consumer services. In addition to scores, Fair Isaac also sells software primarily to financial institutions for areas such as analytics, decision-making, customer workflows, and fraud.
Following our analysis of the options activities associated with Fair Isaac, we pivot to a closer look at the company's own performance.
<h3>Where Is Fair Isaac Standing Right Now?</h3>
<ul>
<li>With a volume of 266,464, the price of FICO is up 3.26% at $1188.19. </li>
<li>RSI indicators hint that the underlying stock may be approaching oversold.</li>
<li>Next earnings are expected to be released in 2 days.</li>
</ul>
<h3>Expert Opinions on Fair Isaac</h3>
2 market experts have recently issued ratings for this stock, with a consensus target price of $1306.5.
<ul>
<li>An analyst from Needham has revised its rating downward to Buy, adjusting the price target to $1500. </li>
<li>In a cautious move, an analyst from Redburn Atlantic downgraded its rating to Neutral, setting a price target of $1113. </li>
</ul>
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Fair Isaac, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

Options

FICO

Decoding Fair Isaac's Options Activity: What's the Big Picture?

NEGG and MCOM among Consumer Discretionary movers

Tuesday, December 5, 2023 - Culp Inc (CULP) reported upside earnings and revenues today.Analyst expectations for Culp Inc earnings per share (EPS) were at a loss of $0.22 per share, with the company surpassing those estimates with a reported EPS loss of $0.19 per share, leading to a positive surprise of $0.03 per share (14

Culp Inc Up 9.88% To $5.45 After Earnings Beat

While the Nasdaq Composite Index managed to emerge from this morning's slump, the Dow Jones Industrial Average remains in the red, and the S&P 500 Index is flat.

Nasdaq Rises As Jobs Openings Pressure Bond Yields

These Consumer Cyclical stocks are trading higher:-Chanson International Holding (CHSN) stock is trading at $4.89, a gain of $1.99, or 70.95%, on high volume.  Chanson International Holding Cl gets a Sentiment Score of Very Bullish from InvestorsObserver.  -Yoshiharu Global Co (YOSH) stock is trading at $5.72, a gain of $0

Consumer Cyclical Stocks Moving Up and Down Tuesday: CHSN, YOSH, HEPS, CULP, DBI, CRMT, JILL, GME

Culp, Inc. (CULP) Q2 2024 Earnings Call Transcript

These Consumer Cyclical stocks are trading higher:-Purple Innovation Inc (PRPL) stock is trading at $1.33, a gain of $0.44, or 49.71%, on high volume.  Purple Innovation Inc gets a Sentiment Score of Bullish from InvestorsObserver and receives an average analyst recommendation of Strong Buy with a price target of $3.35.  -

Consumer Cyclical Stocks Moving Wednesday: PRPL, CHSN, VMAR, DBGI, FSR, CONN, MCOM, CULP

Culp (CULP) has released an update to notify the public and investors about a regulation fd disclosure. On January 17, 2024, the company revised it...

Culp Forecasts Consistent Q3 Operating Loss Update

Culp GAAP EPS of -$0.26 misses by $0.07, revenue of $60.4M beats by $0.97M

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Culp (NYSE:<a href="https://investorplace.com/stock-quotes/culp-stock-quote/">CULP</a>) just reported results for the third quarter of 2024.<ul><li>Culp reported earnings per share of -26 cents. This was below the analyst estimate for EPS of -16 cents.</li><li>The company reported revenue of $60.42 million.</li><li>This was 1.56% better than the analyst estimate for revenue of $59.49 million.</li></ul><div>InvestorPlace Earnings is a project that leverages data from <a href="https://www.tradesmith.com">TradeSmith</a> to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at <a href="mailto:editor@investorplace.com">editor@investorplace.com</a>.</div><h3>More From InvestorPlace</h3>
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	The post <a href="https://investorplace.com/earning-results/2024/03/culp-stock-earnings-culp-for-q3-of-2024/">CULP Stock Earnings: Culp Misses EPS, Beats Revenue for Q3 2024</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

CULP Stock Earnings: Culp Misses EPS, Beats Revenue for Q3 2024

Culp, Inc. (CULP) Q3 2024 Earnings Call Transcript

CHSN

CRMT

DBGI

HEPS

HOOD

JFBR

JILL

MCOM

NEGG

PRPL

VMAR

YOSH

Press Releases

Culp Announces Results for Fourth Quarter and Fiscal 2023, Ends Year With Quarterly Sales and Operating Improvement and Higher Cash Position

Culp Announces 2023 Annual Meeting Date

Culp, Inc. to Webcast First Quarter Fiscal 2024 Conference Call

Culp Announces Results for First Quarter Fiscal 2024, With Better-than-Expected Operating Improvement and Continued Solid Financial Position

Culp, Inc. to Webcast Second Quarter Fiscal 2024 Conference Call

Culp Announces Results for Second Quarter Fiscal 2024, With Continued Sequential and Strong Year-Over-Year Operating Improvement and a Solid Financial Position

Culp Announces Leadership Addition at Culp Upholstery Fabrics, Along With Planned Transition for Division President Boyd Chumbley

Culp, Inc. to Participate in Water Tower Research Furniture/Furnishings Virtual Conference 2024

Culp, Inc. to Webcast Third Quarter Fiscal 2024 Conference Call

Culp Announces Results for Third Quarter Fiscal 2024, With Continued Sequential and Year-Over-Year Operating Improvement