BUZZ-Cadre falls after forecasting 2025 revenue below estimates

Reuters03-11

** Shares of law enforcement safety equipment maker Cadre Holdings CDRE.N fall 4.5% to $32 after the bell

** For the full year 2025, Cadre expects net sales to range between $572 and $601 mln, compared with LSEG estimates of $620.9 mln

** Company says forecast does not include any impact from the recently announced or implemented U.S. tariffs

** Cadre, however, beat quarterly net sales estimates, citing higher demand for armor, duty gear products and hard goods, as well as benefiting from recent acquisitions

** Company's Q4 net sales rose over 41% from a year earlier to about $176 mln, beating analysts' estimates of $170.9 mln, according to data compiled by LSEG

** Q4 net income of about $13 mln, or 32 cents per diluted share, rose from $9.6 mln, or 25 cents per diluted share a year ago

** As of Tuesday's close, stock up 3.8% YTD

(Reporting by Aatreyee Dasgupta)

((Aatreyee.Dasgupta@thomsonreuters.com))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment