Cadre Holdings, Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

Cadre Holdings, Inc. (NYSE:CDRE) just released its latest first-quarter results and things are looking bullish. It was overall a positive result, with revenues beating expectations by 7.1% to hit US$130m. Cadre Holdings also reported a statutory profit of US$0.23, which was an impressive 92% above what the analysts had forecast. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on Cadre Holdings after the latest results.

Our free stock report includes 1 warning sign investors should be aware of before investing in Cadre Holdings. Read for free now.

Following the latest results, Cadre Holdings' five analysts are now forecasting revenues of US$616.2m in 2025. This would be a solid 10% improvement in revenue compared to the last 12 months. Per-share earnings are expected to leap 24% to US$1.17. Yet prior to the latest earnings, the analysts had been anticipated revenues of US$598.3m and earnings per share (EPS) of US$1.23 in 2025. So it's pretty clear consensus is mixed on Cadre Holdings after the latest results; whilethe analysts lifted revenue numbers, they also administered a small dip in per-share earnings expectations.

Check out our latest analysis for Cadre Holdings

There's been no major changes to the price target of US$43.33, suggesting that the impact of higher forecast revenue and lower earnings won't result in a meaningful change to the business' valuation. That's not the only conclusion we can draw from this data however, as some investors also like to consider the spread in estimates when evaluating analyst price targets. There are some variant perceptions on Cadre Holdings, with the most bullish analyst valuing it at US$50.00 and the most bearish at US$40.00 per share. Still, with such a tight range of estimates, it suggeststhe analysts have a pretty good idea of what they think the company is worth.

Another way we can view these estimates is in the context of the bigger picture, such as how the forecasts stack up against past performance, and whether forecasts are more or less bullish relative to other companies in the industry. It's clear from the latest estimates that Cadre Holdings' rate of growth is expected to accelerate meaningfully, with the forecast 14% annualised revenue growth to the end of 2025 noticeably faster than its historical growth of 9.9% p.a. over the past three years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to grow their revenue at 7.2% per year. Factoring in the forecast acceleration in revenue, it's pretty clear that Cadre Holdings is expected to grow much faster than its industry.

The Bottom Line

The most important thing to take away is that the analysts downgraded their earnings per share estimates, showing that there has been a clear decline in sentiment following these results. Pleasantly, they also upgraded their revenue estimates, and their forecasts suggest the business is expected to grow faster than the wider industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates.

With that said, the long-term trajectory of the company's earnings is a lot more important than next year. We have estimates - from multiple Cadre Holdings analysts - going out to 2027, and you can see them free on our platform here.

And what about risks? Every company has them, and we've spotted 1 warning sign for Cadre Holdings you should know about.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.