Culp (CFI) Scheduled to Post Quarterly Earnings on Friday
Culp (NYSE:CFI) will announce its Q1 earnings results on Friday, September 5th. Investors interested in registering for the company’s conference call can do so using this link.
Culp (NYSE:CFI) last announced its earnings results on Thursday, June 12th. The company reported $0.27 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.29 by $0.02. During the same quarter in the previous year, the company posted $0.41 earnings per share. On average, analysts expect Culp to post $1.40 EPS for the current fiscal year and $1.60 EPS for the next fiscal year.
Culp (NYSE:CFI) opened at 18.46 on Thursday. Culp has a 1-year low of $17.06 and a 1-year high of $21.10. The stock’s 50-day moving average is $17.84 and its 200-day moving average is $18.4. The company has a market cap of $226.1 million and a P/E ratio of 13.04.
A number of analysts have recently weighed in on CFI shares. Analysts at Stifel Nicolaus initiated coverage on shares of Culp in a research note on Friday, August 22nd. They set a “buy” rating and a $21.00 price target on the stock. Analysts at Zacks upgraded shares of Culp from an “underperform” rating to a “neutral” rating in a research note on Wednesday, August 13th. They now have a $17.80 price target on the stock.
Culp, Inc manufactures, sources, and markets mattress fabrics used for covering mattresses, box springs, and foundations and upholstery fabrics primarily for use in production of upholstered furniture.
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