Cannae Holdings Inc <CNNE.N> expected to post a loss of 29 cents a share - Earnings Preview
Cannae Holdings Inc CNNE.N, CNNE.K is expected to show a fall in quarterly revenue when it reports results on February 24 for the period ending December 31 2024
The Las Vegas Nevada-based company is expected to report a 11.2% decrease in revenue to $105.9 million from $119.3 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 29 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 $19.50.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Sep. 30 2024 | -0.30 | -0.22 | -0.22 | Met | -1.5 |
Jun. 30 2024 | -0.23 | -0.17 | -2.49 | Missed | -1,336.6 |
Mar. 31 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 |
This summary was machine generated February 21 at 21:42 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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