Brief: Cadre Holdings Q2 Sales USD 157.1 Million Vs. IBES Estimate USD 153.6 Million

Cadre Holdings

05/08/2025 21:15

Overview

Cadre Holdings Q2 net sales rise 9% yr/yr, beating analyst expectations

Adjusted EBITDA for Q2 misses analyst estimates, per LSEG data

Co's acquisitions drive growth in nuclear safety market

Outlook

Cadre expects 2025 net sales between $624 mln and $630 mln

Company forecasts 2025 Adjusted EBITDA between $112 mln and $116 mln

Result Drivers

ACQUISITIONS - Recent acquisitions primarily drove net sales increase, enhancing nuclear safety segment

DEMAND TRENDS - Strong demand for mission-critical safety equipment across law enforcement, first responder, military, and nuclear markets

PRICING AND MIX - Favorable pricing and product mix improved gross profit margin

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Sales
Beat
$157.10 mln
$153.60 mln (7 Analysts)
Q2 Net Income
$12.20 mln
Q2 Adjusted EBITDA
Miss
$27 mln
$27.20 mln (7 Analysts)
Q2 Gross Margin
40.9%
Q2 Adjusted EBITDA Margin
17.2%


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the aerospace & defense peer group is "buy"

Wall Street's median 12-month price target for Cadre Holdings Inc is $41.50, about 20.3% above its August 4 closing price of $33.07

The stock recently traded at 25 times the next 12-month earnings vs. a P/E of 22 three months ago

Press Release: ID:nBw8vnqg8a

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)