Cannae Holdings Inc reports results for the quarter ended in June - Earnings Summary

Cannae Holdings

09/08/2022 07:39

* Cannae Holdings Inc  CNNE.N  reported a quarterly adjusted
loss
of $3.15​​ per share for the quarter ended in June. The mean
expectation of four analysts for the quarter was for earnings of
7 cents per share.
    * Revenue fell 13.8% to $174.50 million from a year ago;
analysts
expected $227.23 million. 
    * Cannae Holdings Inc's reported EPS for the quarter was a
loss of
$3.15​.
    * The mean earnings estimate of analysts had risen by
about 12.8%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Cannae Holdings Inc shares had risen by 23.1% this
quarter and
lost 32.3% so far this year.
    * The company reported a quarterly loss of $263.3 million.
    * Wall Street's median 12-month price target for Cannae
Holdings
Inc is $36.50 
    * 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." 

This summary was machine generated from Refinitiv data August 9
at 06:39 a.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.07           -3.15          Missed
 Mar. 31 2022      -0.01          -2.88          Missed
 Dec. 31 2021      0.06           -1.24          Missed
 Sep. 30 2021      0.09           -1.36          Missed