Cadre Holdings, Inc. (CDRE) Q2 Earnings and Revenues Top Estimates
Cadre Cadre (US:CDRE) ZACKS·2024-08-09 22:30

分组1 - Cadre Holdings, Inc. reported quarterly earnings of $0.31 per share, exceeding the Zacks Consensus Estimate of $0.27 per share, and showing an increase from $0.29 per share a year ago, resulting in an earnings surprise of 14.81% [1] - The company achieved revenues of $144.31 million for the quarter ended June 2024, surpassing the Zacks Consensus Estimate by 1.59% and increasing from $121.09 million year-over-year [2] - Over the last four quarters, Cadre Holdings has exceeded consensus EPS estimates three times and topped revenue estimates four times [2] 分组2 - The stock has gained approximately 4% since the beginning of the year, while the S&P 500 has increased by 11.5%, indicating underperformance relative to the broader market [3] - The current consensus EPS estimate for the upcoming quarter is $0.32 on revenues of $145.49 million, and for the current fiscal year, it is $1.07 on revenues of $569.61 million [7] - The Zacks Industry Rank places the Security and Safety Services sector in the top 24% of over 250 Zacks industries, suggesting a favorable outlook for the industry [8]