Cannae Holdings Inc expected to post a loss of 33 cents a share - Earnings Preview

Cannae Holdings

04/11/2023 03:05

* Cannae Holdings Inc  CNNE.N   CNNE.K  is expected to show
a fall
in quarterly revenue when it reports  results on November 7. 
    * The Las Vegas Nevada-based  company is expected to report 
a
9.3% decrease in revenue to $149.167 million from $164.5 million
a year ago, according to the mean estimate from 3 analysts,
based on LSEG data. 
    * ​Refinitiv's mean analyst estimate for Cannae Holdings Inc
is
for a loss of 33 cents 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 $31.7​, above​ its last closing price of $17.77. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  0.00        -0.03      -1.16     Missed  -3,214
                                                        .3
 Mar. 31 2023  0.06        0.06       -0.05     Missed  -183.3
 Dec. 31 2022  0.04        0.02       0.35      Beat    1,650​
 Sep. 30 2022  0.02        0.04       0.69      Beat    1,740
 ​​Jun.        0.06        0.07       -3.15     Missed  -4,395
 30 2022                                                .6
 Mar. 31 2022  -0.08       -0.01      -2.88     Missed  -28,70
                                                        0​
 Dec. 31 2021  0.07        0.06       -1.24     Missed  -2,058
 Sep. 30 2021  0.09        0.09       -1.36     Missed  -1,700
 This summary was machine generated November 4 at 03:05 GMT.  All
figures in US dollars  unless otherwise stated