Cadre (CDRE) faces Q1 earnings test as analysts expect revenue rebound

Cadre (CDRE) is scheduled to report first-quarter results on May 18, 2026, after the market close, with Wall Street expecting revenue to rise 19.1% from a year earlier, reversing a 5.6% decline in the prior-year period. The aerospace and defense supplier missed revenue expectations last quarter, reporting $167.2 million in sales, down 5% year over year, alongside a shortfall in adjusted operating income. Analysts have largely maintained estimates over the past 30 days, though Cadre has missed revenue forecasts multiple times over the past two years. Peer results have been mixed. Axon reported 33.7% revenue growth and beat estimates by 3.7%, sending its shares up 10.4%. Byrna posted 10.9% growth but missed estimates by 2.3%, and its stock fell 38.3%. Aerospace and defense shares are up 5% on average over the past month, while Cadre has fallen 7.7%. Its average analyst price target is $48.80, above the recent share price of $30.15.