CDRE Earnings Prediction
The chart below shows how CDRE performed 10 days before and after its earnings report, based on data from the past quarters. Typically, CDRE sees a -0.75% change in stock price 10 days leading up to the earnings, and a +0.50% change 10 days following the report. On the earnings day itself, the stock moves by -0.74%. This data can give you a slight idea of what to expect for the next quarter's release.
CDRE Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
175.98M
41.26%
60.85%
Gross Margin
--
--
--
Operating Margin
--
--
--
Net Margin
--
--
--
EPS
--
--
--
No Data Available
CDRE Earnings Analysis
Cadre Holdings Inc Corporation (CDRE.N) Earnings Conference Call
Positive
Record Financial Performance: Cadre reported strong fourth quarter and full year results, achieving record quarterly revenue, gross margin, adjusted EBITDA, and adjusted EBITDA margin.
Revenue and EBITDA Growth: Full year revenue grew 18% and adjusted EBITDA grew 22%, with a year-over-year adjusted EBITDA margin improvement of 70 basis points.
Strategic Plan Execution: The company successfully executed its strategic plan since its IPO, demonstrating resilience and effectiveness in its operating model.
Acquisition of Engineering Division: Cadre announced an agreement to acquire the Engineering Division from Carr's Group, expanding its nuclear safety vertical and international footprint.
Market Expansion in Nuclear Sector: The acquisition is expected to enhance Cadre's addressable market in nuclear areas like automation, robotics, and nuclear medicine.
Financial Strength and Flexibility: Cadre's strong balance sheet and financial flexibility were highlighted, supported by a new $590 million credit facility with favorable terms.
Dividend Increase Announcement: The company increased its quarterly dividend by 9%, reflecting confidence in its business fundamentals and commitment to shareholder value.
Public Safety and Nuclear Support: Cadre's law enforcement and nuclear safety sectors are supported by long-term tailwinds, including increased public safety spending and nuclear modernization initiatives.
Innovative Product Launch Success: The introduction of innovative products, such as the new Safariland Armor and advanced duty-rated holster, received positive feedback and aligns with market demand.
M&A Growth Strategy: Cadre's robust M&A pipeline and disciplined approach to acquisitions position the company for future growth opportunities.
Negative
Transactional Process Delays: Potential delays in transactional processes within federal agencies due to US government downsizing and shifting international relations, which could affect operational rhythms.
Cautious 2025 Outlook: Wider guidance ranges for 2025 due to macro uncertainties, indicating a cautious outlook for the upcoming year.
Tariff Impact on Revenue: Expected impact from recently announced US tariffs, estimated to affect revenue by $18 million to $22 million, complicating financial forecasts.
Slow Start to Revenue: Q1 2025 expected to contribute only about 20% of total revenue for the year, indicating a slow start to the fiscal year.
Q1 2025 EBITDA Margin Outlook: Adjusted EBITDA margins in Q1 2025 projected to be lower (12% to 14%) due to unfavorable mix and volume leverage, with a return to higher margins later in the year.
CDRE FAQs
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CDRE Earning Call Sentiment
Cadre Holdings, Inc. (CDRE) Q4 2024 Earnings Call Transcript
CDRE.N
-5.33%Positive
The earnings call highlights strong financial performance with record revenue and EBITDA growth, improved margins, and a dividend increase. Despite uncertainties like tariffs and federal spending, management's optimistic guidance and proactive measures, such as enhanced credit facilities and cybersecurity improvements, bolster confidence. The Q&A reveals management's preparedness for challenges, reinforcing positive sentiment. The company's small-cap status suggests a stronger reaction, leading to a positive stock price movement prediction.
