Culp (NYSE:CULP) is gearing up to announce its quarterly earnings on Wednesday, 2024-12-04. Here's a quick overview of what investors should know before the release.
Analysts are estimating that Culp will report an earnings per share (EPS) of $-0.34.
Culp bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Historical Earnings Performance
In the previous earnings release, the company missed EPS by $0.21, leading to a 2.83% increase in the share price the following trading session.
Here's a look at Culp's past performance and the resulting price change:
| Quarter | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|
| EPS Estimate | -0.37 | -0.44 | -0.16 | -0.22 |
| EPS Actual | -0.58 | -0.39 | -0.26 | -0.19 |
| Price Change % | 3.0% | 1.0% | 7.000000000000001% | 10.0% |
To track all earnings releases for Culp visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
