Cadeler A/S (NYSE:CDLR) Issues Earnings Results

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

Cadeler A/S Stock Down 3.0 %

CDLR stock traded down $0.64 during midday trading on Wednesday, hitting $20.29. The stock had a trading volume of 40,272 shares, compared to its average volume of 67,708. 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 business has a 50-day moving average of $19.75 and a two-hundred day moving average of $23.20. Cadeler A/S has a 52-week low of $17.40 and a 52-week high of $28.75.

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.