Earnings Performance - Cannae Holdings reported a quarterly loss of $0 16 per share, beating the Zacks Consensus Estimate of a loss of $0 29, representing an earnings surprise of 44 83% [1] - The company's loss per share improved significantly compared to the year-ago loss of $1 16 per share [1] - Over the last four quarters, Cannae has surpassed consensus EPS estimates only once [2] Revenue Performance - Cannae posted revenues of $118 million for the quarter ended June 2024, surpassing the Zacks Consensus Estimate by 5 93% [2] - This compares to year-ago revenues of $152 8 million, indicating a decline [2] - The company has topped consensus revenue estimates just once over the last four quarters [2] Stock Performance - Cannae shares have lost about 0 7% since the beginning of the year, underperforming the S&P 500's gain of 9% [3] - The stock's immediate price movement will depend on management's commentary on the earnings call [3] Earnings Outlook - The current consensus EPS estimate for the coming quarter is -$0 31 on $110 2 million in revenues [7] - For the current fiscal year, the consensus EPS estimate is -$1 80 on $432 6 million in revenues [7] - The estimate revisions trend for Cannae is mixed, translating into a Zacks Rank 3 (Hold) [6] Industry Outlook - The Financial - Investment Management industry is currently in the bottom 30% of the Zacks industries [8] - The top 50% of Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1 [8] Peer Performance - Greenidge Generation Holdings Inc is expected to post a quarterly loss of $0 37 per share, representing a year-over-year improvement of 74 1% [9] - The consensus EPS estimate for Greenidge has been revised 10 4% lower over the last 30 days [9] - Greenidge's revenues are expected to be $16 1 million, up 9 5% from the year-ago quarter [10]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 1-38300 CANNAE HOLDINGS, INC. | --- | --- | --- | --- | |------------------------------------------------------------------------------------------------------- ...

TM ANNAE = Second Quarter 2024 Update CANNAE HOLDINGS, INC. / SECOND QUARTER 2024 UPDATE Forward-Looking Statements and Risk Factors This communication contains forward-looking statements that involve a number of risks and uncertainties. Statements that are not historical facts, including statements regarding our expectations, hopes, intentions, or strategies regarding the future are forward-looking statements. Forward-looking statements are based on management's beliefs, as well as assumptions made by, and ...

Here are three stocks added to the Zacks Rank #5 (Strong Sell) List today: Cannae Holdings, Inc. (CNNE) is an asset management company. The Zacks Consensus Estimate for its current year earnings has been revised 42.3% downward over the last 60 days. Dorian LPG Ltd. (LPG) is a liquefied petroleum gas transportation company. The Zacks Consensus Estimate for its current year earnings has been revised 22.2% downward over the last 60 days. Japan Airlines Co., Ltd. (JAPSY) is an air transport company.The Zacks Co ...

Fortescue Ltd (FSUGY) is a mining company.The Zacks Consensus Estimate for its current year earnings has been revised 5.7% downward over the last 60 days. Here are three stocks added to the Zacks Rank #5 (Strong Sell) List today: Cannae Holdings, Inc. (CNNE) is an investment company. The Zacks Consensus Estimate for its current year earnings has been revised 42.9% downward over the last 60 days. View the entire Zacks Rank #5 List. Crescent Energy Company (CRGY) is an oil and gas exploration and production c ...

Cannae Holdings, Inc. (NYSE:CNNE) Q1 2024 Earnings Conference Call May 9, 2024 5:00 PM ET Company Participants Jamie Lillis - Managing Director, Solebury Strategic Communications Bill Foley - Chairman & Chief Executive Officer Ryan Caswell - President Bryan Coy - Chief Financial Officer Conference Call Participants John Campbell - Stephens Ian Zaffino - Oppenheimer Operator Good afternoon, ladies and gentlemen, and welcome to the Cannae Holdings Inc. First Quarter 2024 Financial Results Conference Call. Dur ...

31 Table of Contents FORM 10-Q OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 1-38300 Delaware 82-1273460 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification Number) Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the precedi ...

First Quarter 2024 Update CANNAE HOLDINGS, INC. / FIRST QUARTER 2024 UPDATE This communication contains forward-looking statements that involve a number of risks and uncertainties. Statements that are not historical facts, including statements regarding our expectations, hopes, intentions, or strategies regarding the future are forward-looking statements. Forward-looking statements are based on management's beliefs, as well as assumptions made by, and information currently available to, management. Because ...

Cannae Holdings, Inc. (CNNE) closed the last trading session at $21.98, gaining 8.4% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $28 indicates a 27.4% upside potential.The average comprises three short-term price targets ranging from a low of $27 to a high of $30, with a standard deviation of $1.73. While the lowest estimate indicates an increase of 22.8% from the current price ...

LAS VEGAS--(BUSINESS WIRE)--Cannae Holdings, Inc. (NYSE: CNNE) (“Cannae” or the “Company”) today announced the commencement of a tender offer (the “Offer”) to purchase up to $200 million in aggregate purchase price of its outstanding shares of common stock, par value $0.0001 per share (the “Securities”), or such lesser aggregate purchase price of the Securities as are properly tendered and not properly withdrawn, at a single per-Security price not greater than $23.75 nor less than $20.75 per share to the se ...