Cadre (CDRE) Scheduled to Post Earnings on Wednesday

Cadre (NYSE:CDRE) will be releasing its earnings data after the market closes on Wednesday, November 6th. Analysts expect Cadre to post earnings of $0.07 per share for the quarter. Cadre has set its FY 2024 guidance at EPS.Persons that wish to register for the company’s earnings conference call can do so using this link.

Cadre (NYSE:CDRE) last released its quarterly earnings results on Friday, August 9th. The company reported $0.31 EPS for the quarter, topping the consensus estimate of $0.27 by $0.04. Cadre had a return on equity of 17.45% and a net margin of 7.55%. The business had revenue of $144.31 million during the quarter, compared to analysts’ expectations of $142.06 million. The company’s quarterly revenue was up 19.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.29 earnings per share. On average, analysts expect Cadre to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Cadre Stock Performance

Shares of CDRE opened at $34.88 on Tuesday. The stock has a market capitalization of $1.42 billion, a P/E ratio of 33.86, a P/E/G ratio of 2.09 and a beta of 1.30. The company has a debt-to-equity ratio of 0.66, a quick ratio of 2.14 and a current ratio of 3.17. Cadre has a 1 year low of $27.99 and a 1 year high of $40.28. The company’s fifty day moving average is $36.94 and its two-hundred day moving average is $34.89.

Cadre Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, November 15th. Stockholders of record on Friday, November 1st will be paid a dividend of $0.0875 per share. The ex-dividend date of this dividend is Friday, November 1st. This represents a $0.35 dividend on an annualized basis and a dividend yield of 1.00%. Cadre’s dividend payout ratio (DPR) is 33.98%.

About Cadre

Cadre Holdings, Inc manufactures and distributes safety that provides protection to users in hazardous or life-threatening situations in the United States and internationally. The company operates in two segments, Products and Distribution. It offers body armor product, such as concealable, corrections, and tactical armor under the Safariland and Protech Tactical brand names; survival suits, remotely operated vehicles, specialty tools, blast sensors, accessories, and vehicle blast attenuation seats for bomb safety technicians; bomb suits; duty gear, including belts and accessories; and other protective equipment comprising communications gear, forensic and investigation products, firearms cleaning solutions, and crowd control products.