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

Cadeler A/S (NYSE:CDLR) posted its quarterly earnings results on Tuesday. The company reported $0.47 earnings per share (EPS) for the quarter, beating 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 %

Cadeler A/S stock traded down $0.64 during trading hours on Wednesday, reaching $20.29. 40,272 shares of the company’s stock traded hands, compared to its average volume of 67,707. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.81 and a current ratio of 1.82. Cadeler A/S has a fifty-two week low of $17.40 and a fifty-two week high of $28.75. The firm’s 50 day moving average is $19.75 and its 200-day moving average is $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.