Cadre Holdings, Inc. Reveals Fall In Q2 Profit, misses estimates

Cadre Holdings, Inc. (CDRE) revealed a profit for second quarter that decreased from last year and missed the Street estimates.

The company's earnings totaled $4.4 million, or $0.12 per share. This compares with $6.8 million, or $0.25 per share, in last year's second quarter.

Analysts on average had expected the company to earn $0.2 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 3.1% to $118.2 million from $114.6 million last year.

Cadre Holdings, Inc. earnings at a glance (GAAP) :

-Earnings (Q2): $4.4 Mln. vs. $6.8 Mln. last year.
-EPS (Q2): $0.12 vs. $0.25 last year.
-Analyst Estimates: $0.2
-Revenue (Q2): $118.2 Mln vs. $114.6 Mln last year.

Full year revenue guidance: $445-$452 Mln

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