Culp, Inc. (CULP) Analysts See $0.33 EPS

November 15, 2017 - By Adrian Erickson

 Culp, Inc. (CULP) Analysts See $0.33 EPS

Investors wait Culp, Inc. (NYSE:CULP) to report on December, 7. its quarterly earnings Wall Street analysts expect $0.33 earnings per share, down $0.14 or 29.79 % from last year’s $0.47 same quarter earnings. This translates into $4.11 million profit for CULP giving the stock a 21.33 P/E. This is assuming the current $0.33 EPS is accurate. Culp, Inc.’s Wall Street analysts see -17.50 % negative EPS growth, taking into account the $0.40 EPS reproted in the previous quarter, It closed at $28.15 lastly. It is up 0.00% since November 15, 2016 and is . It has underperformed by 16.70% the S&P500.

Culp, Inc. is a producer of mattress fabrics and marketer of upholstery fabrics for furniture in North America. The company has market cap of $350.22 million. The Firm is engaged in the manufacture, sourcing and marketing of mattress fabrics and sewn covers used for covering mattresses and box springs, and upholstery fabrics, including cut and sewn kits used in production of upholstered furniture. It has a 16.02 P/E ratio. The Firm operates through two divisions: mattress fabrics and upholstery fabrics.

More notable recent Culp, Inc. (NYSE:CULP) news were published by: Bizjournals.com which released: “Triad fabrics manufacturer eyes purchase of Chinese company” on September 01, 2017, also Businesswire.com with their article: “Culp, Inc. Provides Update on Acquisition Activities” published on October 24, 2017, Businesswire.com published: “Culp Announces Results for First Quarter Fiscal 2018” on August 30, 2017. More interesting news about Culp, Inc. (NYSE:CULP) were released by: Bizjournals.com and their article: “Triad manufacturer nixes plans to buy Chinese firm” published on October 26, 2017 as well as Bizjournals.com‘s news article titled: “Culp expands Triad distribution center, will move Stokesdale operation” with publication date: June 16, 2017.

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