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

Cadeler A/S (NYSE:CDLR) released its quarterly earnings data on Tuesday. The company reported $0.47 earnings per share for the quarter, beating analysts’ consensus estimates of $0.34 by $0.13, Zacks reports. The firm had revenue of $88.65 million during the quarter, compared to analysts’ expectations of $82.84 million.

Cadeler A/S Price Performance

Shares of Cadeler A/S stock traded down $0.64 on Wednesday, hitting $20.29. The company’s stock had a trading volume of 40,382 shares, compared to its average volume of 66,708. Cadeler A/S has a 1 year low of $17.40 and a 1 year high of $28.75. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.82 and a quick ratio of 1.81. The firm has a fifty day moving average price of $19.75 and a 200-day moving average price of $23.20.

About Cadeler A/S

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.