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

Cannae Holdings

10/05/2023 15:24

* Cannae Holdings Inc  CNNE.N  reported a quarterly adjusted
loss
of 5 cents​​ per share for the quarter ended in March. The mean
expectation of four analysts for the quarter was for earnings of
6 cents per share.
    * Revenue fell 7.8% to $154.30 million from a year ago;
analysts
expected $162.45 million. 
    * Cannae Holdings Inc's reported EPS for the quarter was a
loss
of 5 cents​.
    * The mean earnings estimate of analysts was unchanged 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 9.5% this
quarter and
lost 11.6% so far this year.
    * The company reported a quarterly loss of $4.1 million.
    * Wall Street's median 12-month price target for Cannae
Holdings
Inc is $33.50 
    * 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 LSEG Refinitiv data May
10 at 02:24 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Jun. 30 2022      0.07           -3.15          Missed