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

Cannae Holdings

09/08/2023 22:50

* Cannae Holdings Inc  CNNE.N  reported a quarterly adjusted
loss
of $1.16​​ per share for the quarter ended in June. The mean
expectation of four analysts for the quarter was for a loss of 4
cents per share.
    * Revenue fell 12.4% to $152.80 million from a year ago;
analysts
expected $168.52 million. 
    * Cannae Holdings Inc's reported EPS for the quarter was a
loss of
$1.16​.
    * The mean earnings estimate of analysts had fallen by
about 180%
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 fallen by 1.3% this
quarter and
lost 3.4% so far this year.
    * The company reported a quarterly loss of $87.2 million.
    * Wall Street's median 12-month price target for Cannae
Holdings
Inc is $31.70 
    * 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 LSEG Refinitiv data
August 9 at 09:50 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.03          -1.16          Missed
 Mar. 31 2023      0.06           -0.05          Missed
 Dec. 31 2022      0.02           0.35           Beat
 Sep. 30 2022      0.04           0.69           Beat