Cadre Hldgs Q2 EPS $0.31 Beats $0.27 Estimate, Sales $144.31M Beat $142.05M Estimate
Portfolio Pulse from Benzinga Newsdesk
Cadre Holdings (NYSE:CDRE) reported Q2 earnings per share of $0.31, beating the analyst estimate of $0.27 by 14.81%. Sales were $144.31 million, surpassing the $142.05 million estimate and marking a 19.18% increase from the same period last year.
August 09, 2024 | 8:20 pm
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Cadre Holdings reported strong Q2 earnings, with EPS of $0.31 beating estimates by 14.81% and sales of $144.31 million exceeding expectations. This performance indicates robust growth, with a 19.18% increase in sales year-over-year.
The strong earnings and sales performance, beating analyst estimates and showing significant year-over-year growth, are likely to positively impact CDRE's stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100