Earnings Preview : Q3 2024 Is Gearing Up To Be A Decisive Quarter For Cadre Holdings ($CDRE)

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The highly anticipated financial results for the third quarter of Cadre Holdings (NYSE: CDRE) are scheduled to be disclosed on Wednesday 6th November 2024. This important update will be made available after market close, providing investors and market participants with key information regarding the company's financial status.

According to the predictions of financial experts on Wall Street, the business is expected to announce an anticipated $0.06 profit per share for the quarter. Further, the firm is poised to disclose a total revenue of $126.27 million for the period.

The company's earnings report from the corresponding quarter of the previous year demonstrated a per-share income of $0.29. Additionally, the company achieved a total revenue of $125.11 million during that specific period.

Wall Street analysts have offered their forecasts for the company's yearly performance, predicting a total revenue of $573.3 million. At the same time, they are expecting the company to achieve per share profit of $1.03 for the fiscal year ahead.

Period EPS
Actual
EPS
Growth*
Revenue
Actual
Revenue
Growth*
Historical Earnings Insight
Q2 2024 $0.31 +6.9% 144.31 M +19.2%
Q1 2024 $0.18 -5.3% 137.86 M +23.4%
Q4 2023 $0.25 +47.1% 124.58 M +0.8%
Q3 2023 $0.29 +123.1% 125.11 M +12.2%
Q2 2023 $0.29 +141.7% 121.09 M +2.4%
*Growth on year-over-year basis

 

In addition, The firm will review the third quarter financial results on 6th November 2024 at 05:00 PM eastern time, in a conference call with public.

Cadre Holdings (CDRE) closed Friday's regular trading session at $35.20, demonstrating a 1.50 percent advance. During the day, CDRE shares traded between $34.94 and $35.76, with a day volume of 198.60 thousand shares.