Earnings Preview: Cadre Hldgs
Portfolio Pulse from Benzinga Insights
Cadre Hldgs (NYSE:CDRE) is scheduled to release its quarterly earnings report on Tuesday, 2024-03-05, with analysts expecting an EPS of $0.18. The company's previous quarter performance exceeded expectations by $0.08, leading to a 7.92% share price increase the following day. Shares are currently trading at $35.76, marking a 67.05% increase over the last 52 weeks. Investors are optimistic, particularly looking for positive future guidance alongside the earnings results.
March 04, 2024 | 3:03 pm
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Cadre Hldgs is anticipated to report an EPS of $0.18 for the upcoming quarter, with a history of surpassing expectations and a significant 67.05% stock increase over the past year.
Given Cadre Hldgs' history of exceeding EPS expectations and the subsequent positive impact on its stock price, as well as the significant year-to-date increase in share value, it is likely that the upcoming earnings report will have a positive short-term impact on CDRE's stock price, especially if the company provides optimistic future guidance.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100