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

Cannae Holdings

09/11/2022 23:39

* Cannae Holdings Inc  CNNE.N  reported quarterly adjusted
earnings of 69 cents​​ per share for the quarter ended in
September. The mean expectation of four analysts for the quarter
was for earnings of 4 cents per share.
    * Revenue fell 11.6% to $164.50 million from a year ago;
analysts
expected $167.20 million. 
    * Cannae Holdings Inc's reported EPS for the quarter was 69
cents​.
    * The mean earnings estimate of analysts had risen by
about 125%
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 8.5% this
quarter and
lost 36.2% so far this year.
    * The company reported quarterly net income of $55.3
million.
    * Wall Street's median 12-month price target for Cannae
Holdings
Inc is $35.00 
    * 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 November
9 at 11:39 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.04           0.69           Beat
 Jun. 30 2022      0.07           -3.15          Missed
 Mar. 31 2022      -0.01          -2.88          Missed
 Dec. 31 2021      0.06           -1.24          Missed