Culp (CULP) to Release Earnings on Wednesday

Culp (NYSE:CULP) is anticipated to issue its Q3 2026 results before the market opens on Wednesday, March 4th. Analysts expect Culp to post earnings of ($0.14) per share and revenue of $51.6450 million for the quarter. Interested persons can find conference call details on the company’s upcoming Q3 2026 earning report page for the latest details on the call scheduled for Thursday, March 12, 2026 at 10:00 AM ET.

Culp (NYSE:CULP) last issued 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 net margin of 5.24% and a negative return on equity of 12.53%. The company had revenue of $53.20 million during the quarter, compared to analyst estimates of $53.11 million.

Culp Stock Up 0.1%

Shares of CULP opened at $3.20 on Monday. The company has a market capitalization of $40.54 million, a price-to-earnings ratio of -3.72 and a beta of 1.03. Culp has a 52 week low of $3.17 and a 52 week high of $5.64. The stock’s 50-day moving average price is $3.53 and its 200-day moving average price is $3.91. The company has a quick ratio of 0.79, a current ratio of 1.76 and a debt-to-equity ratio of 0.13.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Ameriprise Financial Inc. grew its stake in Culp by 10.0% in the 2nd quarter. Ameriprise Financial Inc. now owns 694,888 shares of the textile maker’s stock valued at $2,731,000 after acquiring an additional 62,932 shares during the period. Vanguard Group Inc. lifted its holdings in Culp by 1.0% during the third quarter. Vanguard Group Inc. now owns 507,062 shares of the textile maker’s stock valued at $2,261,000 after purchasing an additional 5,019 shares in the last quarter. Moors & Cabot Inc. lifted its holdings in Culp by 3.9% during the third quarter. Moors & Cabot Inc. now owns 201,191 shares of the textile maker’s stock valued at $897,000 after purchasing an additional 7,620 shares in the last quarter. Susquehanna International Group LLP grew its position in shares of Culp by 16.5% in the third quarter. Susquehanna International Group LLP now owns 40,652 shares of the textile maker’s stock valued at $181,000 after purchasing an additional 5,762 shares during the period. Finally, CIBC Bancorp USA Inc. purchased a new stake in shares of Culp during the third quarter worth about $6,642,000. Hedge funds and other institutional investors own 75.05% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have commented on CULP. Weiss Ratings restated a “sell (d-)” rating on shares of Culp in a research report on Wednesday, January 21st. Zacks Research upgraded shares of Culp from a “strong sell” rating to a “hold” rating in a research note on Monday, February 16th. One analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Reduce”.

About Culp

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.