Culp, Inc. (CULP) came out with a quarterly loss of $0.39 per share versus the Zacks Consensus Estimate of a loss of $0.44. This compares to loss of $0.38 per share a year ago.
CULP's fiscal fourth-quarter performance is likely to have reflected softness across the business.
GE Aerospace CEO Larry Culp has declined Boeing's request to consider taking over as the U.S. planemaker's top boss, the Wall Street Journal reported on Monday.
GE Aerospace is giving employees stock via its new “takeoff grant.”