Benzinga | Sep 2, 2020 04:22PM EDT

Culp Q1 EPS $(0.22) May Not Compare To $0.03 Estimate, Sales $64.50M Beat $59.06M Estimate

Culp (NYSE:CULP) reported quarterly losses of $(0.22) per share which missed the analyst consensus estimate of $0.03 by 833.33 percent. This is a 300 percent decrease over earnings of $0.11 per share from the same period last year. The company reported quarterly sales of $64.50 million which beat the analyst consensus estimate of $59.06 million by 9.21 percent. This is a 13.82 percent decrease over sales of $74.85 million the same period last year.