CULP Gears Up to Report Q4 Earnings: What's in the Offing?

Culp, Inc. (CULP) is scheduled to report fourth-quarter fiscal 2024 results on Jun 27, after market close. CULP's earnings topped the consensus mark in three of the trailing four quarters and missed once, with an average being negative 2.6%. For the quarter to be reported, the Zacks Consensus Estimate for loss per share widened to 44 cents from 40 cents in the past 60 days. The estimated figure indicates a deterioration of 15.8% from the year-ago quarter's level of 38 cents. Key Factors to Note Also, the in ...