Culp (NYSE: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.