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Cannae (CNNE) Scheduled to Post Quarterly Earnings on Tuesday

Cannae logo with Finance background

Cannae (NYSE:CNNE - Get Free Report) is scheduled to issue its quarterly earnings data after the market closes on Tuesday, November 12th. Analysts expect the company to announce earnings of ($0.34) per share for the quarter.

Cannae (NYSE:CNNE - Get Free Report) last announced its quarterly earnings results on Thursday, August 8th. The company reported ($2.49) earnings per share for the quarter, missing the consensus estimate of ($0.17) by ($2.32). Cannae had a negative return on equity of 14.30% and a negative net margin of 93.69%. The business had revenue of $118.00 million during the quarter, compared to the consensus estimate of $112.00 million. During the same quarter in the prior year, the firm posted ($1.16) EPS. The company's revenue for the quarter was down 22.8% on a year-over-year basis. On average, analysts expect Cannae to post $-3 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Cannae Price Performance

Shares of NYSE:CNNE traded up $0.27 on Tuesday, reaching $20.21. The company's stock had a trading volume of 150,766 shares, compared to its average volume of 539,634. The company has a 50-day simple moving average of $19.15 and a 200 day simple moving average of $19.11. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.01 and a current ratio of 1.01. The company has a market cap of $1.27 billion, a P/E ratio of -2.95 and a beta of 0.87. Cannae has a 52-week low of $16.53 and a 52-week high of $22.99.

Cannae Company Profile

(Get Free Report)

Cannae Holdings, Inc is a principal investment firm. The firm primarily invests in restaurants, technology enabled healthcare services, financial services and more. It takes both minority and majority stakes. Cannae Holdings, Inc was founded in 2014 and is based in Las Vegas, Nevada.

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Earnings History for Cannae (NYSE:CNNE)

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