Culp posts earnings per share of $0.19

Culp announces results for second quarter fiscal 2020.q2 earnings per share $0.19.q2 sales $72.6 million versus refinitiv ibes estimate of $77.3 million.q2 earnings per share estimate $0.16 -- refinitiv ibes data.culp - co's performance for q4 2020 is currently expected to be significantly better than results achieved in q4 2019.culp- pre-tax income for q3 2020 is expected to be in range of $3.2 million to $3.8 million.culp- projection for q3 2020 is for overall sales to be comparable to same period last year.culp- domestic mattress industry still working to stabilize from disruption related to low-cost mattress imports from china.culp- upholstery fabrics business has been affected by ongoing trade disputes and international tariffs.culp- capital expenditures for fiscal 2020 are expected to be in the $7.5 million to $8.0 million range.
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