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

Cannae Holdings

10/05/2022 09:28

* Cannae Holdings Inc  CNNE.N  reported a quarterly adjusted
loss
of $2.88​​ per share for the quarter ended in March. The mean
expectation of four analysts for the quarter was for a loss of
one cent per share.
    * Revenue fell 2.6% to $167.40 million from a year ago; 
analysts
expected $187.78 million. 
    * Cannae Holdings Inc's reported EPS for the quarter was a
loss of
$2.88​.
    * The mean earnings estimate of analysts had fallen by
about 104.8% 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 fallen by 17.6% this
quarter and
lost 44.0% so far this year.
    * The company reported a quarterly loss of $247.6 million.
    * Wall Street's median 12-month price target for Cannae
Holdings
Inc is $37.50 
    * 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 May 10 at 08:27 a.m.  ​All
figures in US dollars unless otherwise stated