Stock Track | Cadre Holdings Soars 5.37% After Q1 Earnings Beat and Raised 2025 Outlook

Stock Track
05-07

Cadre Holdings, Inc. (CDRE) stock is soaring 5.37% in pre-market trading on Wednesday, following the company's impressive first-quarter earnings report released late Tuesday. The industrial goods manufacturer has outperformed analysts' expectations and raised its full-year sales guidance, sparking investor optimism.

Cadre Holdings reported Q1 earnings of $0.23 per diluted share, a significant increase from $0.18 in the same period last year and substantially beating the FactSet analyst consensus of $0.12. While net sales for the quarter ended March 31 decreased to $130.1 million from $137.9 million a year earlier, they still surpassed analysts' expectations of $122.1 million.

Adding to the positive sentiment, Cadre Holdings has raised its 2025 sales outlook. The company now projects net sales between $618 million and $648 million, up from its previous forecast of $572 million to $601 million. This new guidance exceeds the current FactSet analyst consensus of $609.1 million, suggesting potential for further growth and profitability improvements throughout the year.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10