Cannae Holdings Inc expected to post a loss of 1  cent a share - Earnings Preview

Cannae Holdings

07/05/2022 03:03

* Cannae Holdings Inc  CNNE.N   CNNE.K  is expected to show
a rise
in quarterly revenue when it reports  results on May 9. 
    * The Las Vegas Nevada-based  company is expected to report 
a
9.2% increase in revenue to $187.775 million from $171.9 million
a year ago, according to the mean estimate from 4 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Cannae Holdings Inc
is
for a loss of 1 cent per share. For the same quarter last year,
the company reported a loss of $2.55 per share.
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 4 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Cannae
Holdings
Inc is $40​, above​ its last closing price of $21.51. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  0.07        0.06       -1.24     Missed  -2,058
 Sep. 30 2021  0.09        0.09       -1.36     Missed  -1,700
 Jun. 30 2021  0.21        0.01       1.94      Beat    19,300
                                                        ​
 Mar. 31 2021  -0.14       -0.14      -2.55     Missed  -1,658
                                                        .6
 ​​Dec.        -0.09       -0.09      5.85      Beat    6,600
 31 2020                                                
 Sep. 30 2020  0.00        0.00       1.44      Beat    ​
 Jun. 30 2020  0.02        0.02       5.87      Beat    29,250
 Mar. 31 2020  0.05        0.05       8.17      Beat    16,240
 This summary was machine generated May 7 at 02:03 GMT.  All
figures in US dollars  unless otherwise stated