Cadre Hldgs Q2 EPS $0.29 Beats $0.17 Estimate, Sales $121.09M Beat $113.93M Estimate
Portfolio Pulse from saritha@benzinga.com
Cadre Hldgs (NYSE:CDRE) reported Q2 earnings of $0.29 per share, beating the analyst consensus estimate of $0.17 by 70.59%. This is a 141.67% increase from the same period last year. The company also reported quarterly sales of $121.09 million, beating the analyst consensus estimate of $113.93 million by 6.28%, a 2.41% increase from the same period last year.
August 08, 2023 | 8:30 pm
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POSITIVE IMPACT
Cadre Hldgs reported strong Q2 results, beating both earnings and sales estimates. This positive performance could potentially lead to a short-term increase in the company's stock price.
Cadre Hldgs reported a significant increase in earnings and sales compared to the same period last year, and also beat analyst estimates. This strong performance indicates a healthy financial state for the company, which could make the stock more attractive to investors and potentially lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100