Culp, Inc. (CFI) Tops Q2 EPS by 1c

Culp, Inc. (NYSE: CFI) reported Q2 EPS of $0.47, $0.01 better than the analyst estimate of $0.46. Revenue for the quarter came in at $75.3 million versus the consensus estimate of $77.9 million.

Financial Outlook

The projection for third quarter fiscal 2017 is for overall sales to be flat to slightly lower than the previous year’s third quarter. Pre-tax income for the third quarter of fiscal 2017 is expected to be in the range of $6.7 million to $7.3 million. Pre-tax income for the third quarter of fiscal 2016 was $7.2 million.

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

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