Culp, Inc. (CULP) Misses Q4 EPS by 14c, Suspends Dividend

Culp, Inc. (NYSE: CULP) reported Q4 EPS of ($0.49), $0.14 worse than the analyst estimate of ($0.35). Revenue for the quarter came in at $56.94 million versus the consensus estimate of $52.49 million.

• To preserve liquidity and support future growth opportunities, the company’s Board of Directors has suspended the quarterly cash dividend on its common stock.

For earnings history and earnings-related data on Culp, Inc. (CULP) click here.

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