Cadre Sees FY24 Net Sales $553M-$572M Vs $565M Estimate
Portfolio Pulse from Benzinga Newsdesk
Cadre forecasts its FY24 net sales to be between $553M and $572M, which is around the $565M estimate previously projected.

May 07, 2024 | 8:57 pm
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NEUTRAL IMPACT
Cadre's FY24 revenue forecast aligns closely with market expectations, indicating stable financial performance.
Cadre's forecasted net sales for FY24 are very close to the market estimate, suggesting that the company's financial performance is in line with analyst expectations. This alignment typically indicates a stable outlook for the company, which might not lead to significant short-term price movements as the information may already be priced in by the market.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100