Culp Q1 EPS $(0.47) Misses $(0.28) Estimate, Sales $62.60M Beat $58.21M Estimate

Culp (NYSE: CULP) reported quarterly losses of $(0.47) per share which missed the analyst consensus estimate of $(0.28) by 67.86 percent. This is a 361.11 percent decrease over earnings of $0.18 per share from the same period last year.

Culp (NYSE:CULP) reported quarterly losses of $(0.47) per share which missed the analyst consensus estimate of $(0.28) by 67.86 percent. This is a 361.11 percent decrease over earnings of $0.18 per share from the same period last year. The company reported quarterly sales of $62.60 million which beat the analyst consensus estimate of $58.21 million by 7.54 percent. This is a 24.62 percent decrease over sales of $83.05 million the same period last year.

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