August 30, 2017 / 8:30 PM / 3 months ago

BRIEF-Culp reports Q1 earnings per share $0.40

Aug 30 (Reuters) - Culp Inc:

* Culp announces results for first quarter fiscal 2018

* Q1 earnings per share $0.40

* Q1 sales $79.5 million versus I/B/E/S view $80 million

* Q1 earnings per share view $0.53 -- Thomson Reuters I/B/E/S

* Culp Inc - ‍ projection for Q2 of fiscal 2018 is for overall sales to be comparable to same period last year​

* Culp Inc sees ‍ Q2 pre-tax income to be in range of $5.4 million to $6.1 million​

* Culp Inc - ‍capital expenditures for fiscal 2018, including vendor financed payments, are currently expected to be comparable to previous year​

* Culp Inc - ‍performance for H2 of fiscal 2018 is currently expected to be more in line with results achieved during H2 of last fiscal year​ Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below