Cadre (US:CDRE) ZACKS·2024-11-07 00:15Core Points - Cadre Holdings, Inc. reported quarterly earnings of $0.09 per share, exceeding the Zacks Consensus Estimate of $0.07 per share, but down from $0.29 per share a year ago, resulting in an earnings surprise of 28.57% [1] - The company posted revenues of $109.41 million for the quarter ended September 2024, missing the Zacks Consensus Estimate by 13.56% and down from $125.11 million year-over-year [2] - The stock has gained approximately 7.5% since the beginning of the year, underperforming the S&P 500's gain of 21.2% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.48 on revenues of $164.66 million, and for the current fiscal year, it is $1.04 on revenues of $573.4 million [7] - The estimate revisions trend for Cadre Holdings, Inc. is mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market [6] Industry Context - The Security and Safety Services industry, to which Cadre Holdings belongs, is currently ranked in the bottom 45% of over 250 Zacks industries, suggesting potential challenges for stock performance [8] - Alarm.com Holdings, another company in the same industry, is expected to report quarterly earnings of $0.49 per share, reflecting a year-over-year decline of 12.5% [9]