Cannae Holdings Inc reports results for the quarter ended December 31 - Earnings Summary

Cannae Holdings

25/02/2025 01:52

* Cannae Holdings Inc  CNNE.N  reported a quarterly adjusted
loss
of 74 cents​​ per share for the quarter ended December 31,
higher than the same quarter last year, when the company
reported EPS of -83 cents.  The mean expectation of
three analysts for the quarter was for a loss of 29 cents per
share. Wall Street expected results to range from -42 cents
to -22 cents per share.
    * Revenue fell 7.9% to $109.90 million from a year ago;
analysts
expected $105.90 million. 
    * Cannae Holdings Inc's reported EPS for the quarter was a
loss
of 74 cents​.
    * The company reported a quarterly loss of $46.1 million.
    * Cannae Holdings Inc shares had fallen by 3.6% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * 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 average consensus recommendation for the investment
holding
companies peer group is also "strong buy"

Wall Street's median 12-month price target for Cannae Holdings
Inc is $27.00 
This summary was machine generated from LSEG data February 25 at
01:51 a.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      -0.29          -0.74          Missed
 Sep. 30 2024      -0.22          -0.22          Met
 Jun. 30 2024      -0.17          -2.49          Missed
 Mar. 31 2024      -0.18          -1.27          Missed