Cadre Holdings Inc reports results for the quarter ended in December - Earnings Summary

Cadre Holdings

05/03/2024 23:41

* Cadre Holdings Inc  CDRE.N  reported quarterly adjusted
earnings
of 25 cents​​ per share for the quarter ended in December,
higher than the same quarter last year, when the company
reported EPS of 17 cents.  The mean expectation of
seven analysts for the quarter was for earnings of 18 cents per
share. Wall Street expected results to range from 11 cents to 23
cents per share.
    * Revenue rose 0.8% to $124.58 million from a year ago;
analysts
expected $121.76 million. 
    * Cadre Holdings Inc's reported EPS for the quarter was 25
cents​.
    * The company reported quarterly net income of $9.59
million.
    * Cadre Holdings Inc shares had risen by 12.5% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.3%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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 also "buy"

Wall Street's median 12-month price target for Cadre Holdings
Inc is $38.00 
This summary was machine generated from LSEG data March 5 at
11:41 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.18           0.25           Beat
 Sep. 30 2023      0.21           0.29           Beat
 Jun. 30 2023      0.18           0.29           Beat
 Mar. 31 2023      0.15           0.19           Beat