Cannae Holdings Inc reports results for the quarter ended June 30 - Earnings Summary
Cannae Holdings Inc reports results for the quarter ended June 30 - Earnings Summary
Cannae Holdings Inc CNNE.N reported quarterly adjusted earnings of $1.60 per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $-3.93. The mean expectation of two analysts for the quarter was for a loss of 42 cents per share. Wall Street expected results to range from -48 cents to -36 cents per share.
Revenue fell 7.3% to $102.20 million from a year ago; analysts expected $100.85 million.
Cannae Holdings Inc's reported EPS for the quarter was 86 cents.
The company reported quarterly net income of $37.5 million.
Cannae Holdings Inc shares had risen by 2.6% this quarter and lost 6.0% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 145.4% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 2 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the restaurants & bars peer group is "buy."
Wall Street's median 12-month price target for Cannae Holdings Inc is $16.50, about 11.2% above its last closing price of $14.65
This summary was machine generated from LSEG data August 10 at 09:52 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | -0.42 | 1.60 | Beat |
Mar. 31 2026 | -0.44 | -0.70 | Missed |
Dec. 31 2025 | -0.37 | -1.93 | Missed |
Sep. 30 2025 | -0.29 | -1.25 | Missed |
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See all newsCannae Holdings Inc reports results for the quarter ended June 30 - Earnings Summary
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