Here is how Cadre Holdings, Inc. (CDRE) and UniFirst (UNF) have performed compared to their sector so far this year.
I am increasing my position in Cadre Holdings due to its expansion into the nuclear industry, which has significant growth potential. Cadre's unique operating model and strategic acquisitions in mission-critical markets, including law enforcement, military, and now nuclear, drive revenue and margin growth. The recent acquisition of Alpha Safety and Carrs Group's nuclear assets significantly strengthens Cadre's product base and geographical reach in the nuclear sector.
Cadre Holdings, Inc. (NYSE:CDRE ) Q3 2024 Earnings Call November 6, 2024 5:00 PM ET Company Participants Matt Berkowitz - Investor Relations Warren Kanders - Chairman and Chief Executive Officer Brad Williams - President Blaine Browers - Chief Financial Officer Conference Call Participants Jeff Van Sinderen - B. Riley Securities Lawrence Solow - CJS Securities Matt Koranda - ROTH Capital Sheila Kahyaoglu - Jefferies Jordan Lyonnais - Bank of America Mark Smith - Lake Street Capital Markets Operator Good afternoon, and welcome to Cadre Holdings Third Quarter 2024 Conference Call.
Cadre Holdings, Inc. (CDRE) came out with quarterly earnings of $0.09 per share, beating the Zacks Consensus Estimate of $0.07 per share. This compares to earnings of $0.29 per share a year ago.
I initiated coverage for Cadre Holdings, Inc. with a buy rating due to strong fundamentals, despite recent underperformance and a cybersecurity incident impacting Q3 earnings. Sales grew 19.2% driven by acquisitions and higher demand, while adjusted EBITDA increased 24%, indicating successful integration of high-quality, margin-accretive companies. 2024 guidance shows 19.5% sales growth and 23.5% EBITDA growth, despite cybersecurity setbacks, with expectations of recapturing Q3 losses in Q4.
Cadre Holdings, Inc. (NYSE:CDRE ) Q2 2024 Earnings Conference Call August 12, 2024 11:00 AM ET Company Participants Matthew Berkowitz - IGB Group Warren Kanders - Chairman & CEO Brad Williams - President Blaine Browers - CFO Conference Call Participants Lawrence Solow - CJS Securities Jeffrey Van Sinderen - B. Riley Securities Matthew Koranda - ROTH Capital Jordan Lyonnais - Bank of America Mark Smith - Lake Street Bert Subin - Stifel Operator Good morning, and welcome to the Cadre Holdings Second Quarter 2024 Conference Call.
Cadre Holdings, Inc. (CDRE) came out with quarterly earnings of $0.31 per share, beating the Zacks Consensus Estimate of $0.27 per share. This compares to earnings of $0.29 per share a year ago.
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