Cannae Holdings Inc expected to post a loss of 55 cents a share - Earnings Preview

Cannae Holdings

19/02/2024 23:38

* Cannae Holdings Inc  CNNE.N   CNNE.K  is expected to show
a fall
in quarterly revenue when it reports  results on February 21 for
the period ending December 31 2023
    * The Las Vegas Nevada-based  company is expected to report
a
11.2% decrease in revenue to $138.267 million from $155.7
million a year ago, according to the mean estimate from 3
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Cannae Holdings Inc is
for a
loss of 55 cents per share. 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 3 "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 $27.20​, above​ its last closing price of $20.69. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  -0.33       -0.33      -2.18     Missed  -560.6
 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.        0.02        0.04       0.69      Beat    1,740
 30 2022                                                
 Jun. 30 2022  0.06        0.07       -3.15     Missed  -4,395
                                                        .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
 This summary was machine generated February 19 at 23:38 GMT. 
All figures in US dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)