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CDREBearishEarningsnews
Materiality pending

Cadre Holdings, Inc. (CDRE) Q1 Earnings Lag Estimates

May 7, 2024, 7:13 PM EDT1 sourcesAI-analyzed

AI summary

What happened, with direct paths to the underlying reporting

- Cadre Holdings, Inc. reported quarterly earnings of $0.18 per share, missing estimates. - Company surpassed revenue estimates for the quarter, with $137.86 million in revenues. - The stock has added about 5.2% since the beginning of the year. - Zacks Rank #3 (Hold) with mixed estimate revisions indicates performance in line with the market. - Strong correlation between stock movements and trends in earnings estimate revisions. Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Earnings

  • Cadre Holdings, Inc. reported quarterly earnings of $0.18 per share, missing estimates.
  • Company surpassed revenue estimates for the quarter, with $137.86 million in revenues.
  • The stock has added about 5.2% since the beginning of the year.
  • Zacks Rank #3 (Hold) with mixed estimate revisions indicates performance in line with the market.
  • Strong correlation between stock movements and trends in earnings estimate revisions.

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