Culp (CULP) Expected to Announce Quarterly Earnings on Wednesday

Culp (NYSE:CULPGet Free Report) is projected to announce its Q3 2026 results before the market opens on Wednesday, March 4th. Analysts expect the company to announce earnings of ($0.14) per share and revenue of $51.6450 million for the quarter. Interested persons are encouraged to explore the company’s upcoming Q3 2026 earning overview page for the latest details on the call scheduled for Thursday, March 5, 2026 at 9:00 AM ET.

Culp (NYSE:CULPGet Free Report) last announced its quarterly earnings data on Wednesday, December 10th. The textile maker reported ($0.30) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.18) by ($0.12). Culp had a negative return on equity of 12.53% and a negative net margin of 5.24%.The company had revenue of $53.20 million during the quarter, compared to analyst estimates of $53.11 million.

Culp Trading Down 0.4%

Shares of CULP stock opened at $3.28 on Wednesday. The firm has a market capitalization of $41.49 million, a P/E ratio of -3.81 and a beta of 1.03. Culp has a 1 year low of $3.17 and a 1 year high of $5.64. The firm’s fifty day simple moving average is $3.55 and its 200 day simple moving average is $3.93. The company has a current ratio of 1.76, a quick ratio of 0.79 and a debt-to-equity ratio of 0.13.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Geode Capital Management LLC boosted its holdings in Culp by 3.1% during the fourth quarter. Geode Capital Management LLC now owns 118,715 shares of the textile maker’s stock valued at $423,000 after purchasing an additional 3,606 shares in the last quarter. Vanguard Group Inc. lifted its position in shares of Culp by 1.0% during the 3rd quarter. Vanguard Group Inc. now owns 507,062 shares of the textile maker’s stock worth $2,261,000 after buying an additional 5,019 shares during the period. Susquehanna International Group LLP boosted its stake in Culp by 16.5% in the 3rd quarter. Susquehanna International Group LLP now owns 40,652 shares of the textile maker’s stock valued at $181,000 after buying an additional 5,762 shares in the last quarter. Moors & Cabot Inc. grew its position in Culp by 3.9% in the third quarter. Moors & Cabot Inc. now owns 201,191 shares of the textile maker’s stock valued at $897,000 after acquiring an additional 7,620 shares during the period. Finally, HighTower Advisors LLC grew its position in Culp by 23.3% in the fourth quarter. HighTower Advisors LLC now owns 48,590 shares of the textile maker’s stock valued at $173,000 after acquiring an additional 9,197 shares during the period. Institutional investors own 75.05% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently commented on CULP shares. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Culp in a research report on Wednesday, January 21st. Zacks Research raised Culp from a “strong sell” rating to a “hold” rating in a report on Monday, February 16th. One analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Reduce”.

Read Our Latest Stock Report on CULP

Culp Company Profile

(Get Free Report)

Culp, Inc, headquartered in High Point, North Carolina, is a leading producer of specialty fabrics for the home furnishings industry. Founded in 1972 by Bill Culp, the company has grown into a publicly traded enterprise that supplies upholstery and mattress fabrics to manufacturers and retailers across North America and abroad. Culp’s fabric offerings are designed to meet the aesthetic and performance requirements of residential furniture, contract seating, and hospitality applications.

The company operates through two primary segments.

See Also

Earnings History for Culp (NYSE:CULP)

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