Cannae Holdings Inc expected to post a loss of 22 cents a share - Earnings Preview

Reuters
2024-11-09
Cannae Holdings Inc <cnne.n> expected to post a loss of 22 cents a share - Earnings Preview </cnne.n>
  • Cannae Holdings Inc CNNE.N, CNNE.K is expected to show a fall in quarterly revenue when it reports results on November 12 for the period ending September 30 2024

  • The Las Vegas Nevada-based company is expected to report a 26.4% decrease in revenue to $105.667 million from $143.6 million a year ago, according to the mean estimate from 3 analysts, based on LSEG data.

  • ​LSEG's mean analyst estimate for Cannae Holdings Inc is for a loss of 22 cents per share.

  • The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 3 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

  • The mean earnings estimate of analysts was unchanged in the last three months. ​

  • Wall Street's median 12-month price target for Cannae Holdings Inc is 27.00​, above​ its last closing price of $21.01. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Jun. 30 2024

-0.23

-0.17

-2.49

Missed

-1,336.6

Jan. 1 2024

-0.20

-0.18

-1.27

Missed

-618.9

Dec. 31 2023

-0.52

-0.55

-0.83

Missed

-51.8​

Sep. 30 2023

-0.33

-0.33

-2.18

Missed

-560.6

​​Jun. 30 2023

0.00

-0.03

-1.16

Missed

-3,214.3

Mar. 31 2023

0.06

0.06

-0.05

Missed

-183.3​

Dec. 31 2022

0.04

0.02

0.35

Beat

1,650

Sep. 30 2022

0.02

0.04

0.69

Beat

1,740

This summary was machine generated November 8 at 23:42 GMT. 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)

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