Cadre Hldgs: Q3 Earnings Insights
Portfolio Pulse from Benzinga Insights
Cadre Hldgs (NYSE:CDRE) reported its Q3 earnings results, beating estimated earnings by 38.1% with an EPS of $0.29 versus an estimate of $0.21. Revenue was up $13.56 million from the same period last year. Last quarter, the company also beat EPS estimates, which was followed by a 9.55% increase in the share price the next day.
November 08, 2023 | 9:50 pm
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Cadre Hldgs reported strong Q3 earnings, beating estimates by 38.1%. This follows a trend from last quarter, where beating estimates led to a 9.55% increase in share price.
Cadre Hldgs has reported strong Q3 earnings, significantly beating estimates. This is likely to be viewed positively by the market, as it indicates the company is performing well financially. Given that the last earnings beat was followed by a significant increase in share price, it is reasonable to expect a similar reaction this time.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100