Cadre (CDRE) Q1 Earnings Report Preview: What To Look For
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Cadre (CDRE) is set to report its Q1 earnings, with expectations of a 19.1% revenue growth year-on-year, following a 5% decline last quarter. Analysts have maintained their estimates, despite Cadre's history of missing revenue targets. In comparison, peers Axon and Byrna reported revenue growths of 33.7% and 10.9%, respectively. Cadre's stock has decreased by 7.7% recently, with an average analyst price target of $48.80 against its current price of $30.15. Investors are keenly watching the earnings report for insights into the company's performance.
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