Cannae Holdings Inc expected to post a loss of 4 cents a share - Earnings Preview

Cannae Holdings

08/08/2023 02:02

* Cannae Holdings Inc  CNNE.N   CNNE.K  is expected to show
a fall
in quarterly revenue when it reports  results on August 9. 
    * The Las Vegas Nevada-based  company is expected to report 
a
3.4% decrease in revenue to $168.518 million from $174.5 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 4 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 $20.03. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.06        0.06       -0.05     Missed  -183.3
 Dec. 31 2023  0.04        0.02       0.35      Beat    1,650
 Sep. 30 2022  0.02        0.04       0.69      Beat    1,740​
 Jun. 30 2022  0.06        0.07       -3.15     Missed  -4,395
                                                        .6
 ​​Mar.        -0.08       -0.01      -2.88     Missed  -28,70
 31 2022                                                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
 Jun. 30 2021  0.21        0.01       1.94      Beat    19,300
 This summary was machine generated August 8 at 01:02 GMT.  All
figures in US dollars  unless otherwise stated