Cadeler A/S (NYSE:CDLR) Releases Quarterly Earnings Results, Beats Estimates By $0.13 EPS

Cadeler A/S (NYSE:CDLR) issued its earnings results on Tuesday. The company reported $0.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.34 by $0.13, Zacks reports. The firm had revenue of $88.65 million during the quarter, compared to the consensus estimate of $82.84 million.

Cadeler A/S Trading Down 3.0 %

Shares of CDLR stock traded down $0.64 during mid-day trading on Wednesday, hitting $20.29. The company’s stock had a trading volume of 40,272 shares, compared to its average volume of 67,708. The company has a quick ratio of 1.81, a current ratio of 1.82 and a debt-to-equity ratio of 0.49. Cadeler A/S has a 52-week low of $17.40 and a 52-week high of $28.75. The business has a 50-day moving average price of $19.75 and a 200 day moving average price of $23.20.

Cadeler A/S Company Profile

Cadeler A/S operates as an offshore wind farm transportation and installation contractor in Denmark. It also provides wind farm construction, maintenance, decommissioning, and other tasks within the offshore industry, as well as marine and engineering services. The company owns and operates four offshore jack-up windfarm installation vessels.