Cadeler A/S Sponsored ADR (CDLR)
NYSE:CDLR
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Earnings Data
Report Date
Aug 25, 2026TBA (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.98Last Year’s EPS
2.19Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a predominantly positive operational and commercial picture: strong quarter-on-quarter revenue and EBITDA growth, a large backlog with high FID coverage, successful equity raise and available financing, and important operational milestones (Hornsea 3 progress, fleet mobilization and newbuilds on schedule). Near-term negatives are manageable and largely timing- or financing-related — a EUR 7m net loss driven by finance costs, deferred revenue recognition for Wind Ally, elevated OpEx during mobilization, and material near-term CapEx commitments. Management maintained unchanged full-year guidance and expects utilization to ramp up across the remainder of the year, supporting a constructive outlook.Company Guidance
Strong Top-Line and EBITDA Growth
Q1 revenue of EUR 124.7m versus EUR 65.5m a year ago, an increase of ~90.4%. EBITDA rose to EUR 47.0m from EUR 23.7m, an increase of ~98.4%, reflecting strong operational scale-up and higher fleet activity.
Large, High-Quality Backlog Providing Visibility
Backlog of EUR 2.7bn with 82% of backlog having reached FID, giving significant earnings visibility into 2026–2027 and beyond.
Operational Milestones on Hornsea 3 and Fleet Mobilization
First complete monopile foundation installed on Hornsea 3; 8 monopiles in the water, 7 full secondary steel sets installed and 5 fully commissioned monopiles. Wind Ally and Wind Orca fully mobilized; Wind Keeper started operations with Vestas.
Fleet Expansion and Newbuild Progress
Newbuild program on track: Wind Ace expected delivery early Q3 2026; Wind Apex expected Q2 2027 (possible slight early delivery). Company has delivered 10 vessels with two under construction and named a second A-class vessel; additional T-class and scour protection assets planned.
Successful Equity Raise and Financing Availability
Private placement raised ~EUR 175m (heavily oversubscribed). Reported EUR 641m available funding for newbuilds (net funding EUR 218m noted). Cash EUR 221m and available liquidity EUR 369m as of 31 Mar 2026. RCF extended 18 months to 2027 and advanced negotiations for an EUR 80m accordion facility.
Healthy Utilization and Operational Outlook
Adjusted utilization at 77.7% (adjusted for yard transfers and planned dry docks). Management expects utilization to ramp up across Q2–Q4, consistent with unchanged full-year guidance.
Balance Sheet and Hedging Discipline
Equity ratio improved from ~44% to ~47.6% (rounded to 48% in commentary) after the capital raise. Hedging policy in place: 50% of USD exposure and 50% of interest exposure hedged for the first five years.
CDLR Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
CDLR Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 20, 2026 | $26.27 | $27.14 | +3.31% |
Mar 24, 2026 | $22.76 | $23.11 | +1.54% |
Nov 20, 2025 | $16.49 | $16.01 | -2.91% |
Aug 26, 2025 | $21.89 | $22.18 | +1.32% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Cadeler A/S Sponsored ADR (CDLR) report earnings?
Cadeler A/S Sponsored ADR (CDLR) is schdueled to report earning on Aug 25, 2026, TBA (Confirmed).
What is Cadeler A/S Sponsored ADR (CDLR) earnings time?
Cadeler A/S Sponsored ADR (CDLR) earnings time is at Aug 25, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CDLR EPS forecast?
CDLR EPS forecast for the fiscal quarter 2026 (Q2) is 0.98.