Cannae Holdings Inc reports results for the quarter ended December 31 - Earnings Summary

• Cannae Holdings Inc CNNE.N reported a quarterly adjusted loss of 74 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -83 cents. The mean expectation of three analysts for the quarter was for a loss of 29 cents per share. Wall Street expected results to range from -42 cents to -22 cents per share.

• Revenue fell 7.9% to $109.90 million from a year ago; analysts expected $105.90 million.

• Cannae Holdings Inc's reported EPS for the quarter was a loss of 74 cents​.

• The company reported a quarterly loss of $46.1 million.

• Cannae Holdings Inc shares had fallen by 3.6% this quarter.

FORECAST CHANGES

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

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• 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 average consensus recommendation for the investment holding companies peer group is also "strong buy"

Wall Street's median 12-month price target for Cannae Holdings Inc is $27.00

This summary was machine generated from LSEG data February 25 at 01:51 a.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)