Cannae Holdings, Inc. (CNNE) Reports Q3 Loss, Beats Revenue Estimates

Core Insights - Cannae Holdings, Inc. reported a quarterly loss of $1.06 per share, significantly worse than the Zacks Consensus Estimate of a loss of $0.31, marking an earnings surprise of -241.94% [1] - The company generated revenues of $106.9 million for the quarter ended September 2025, slightly exceeding the Zacks Consensus Estimate by 0.38%, but down from $113.9 million a year ago [2] - Cannae shares have declined approximately 12.6% year-to-date, contrasting with the S&P 500's gain of 14.4% [3] Earnings Outlook - The future performance of Cannae's stock will largely depend on management's commentary during the earnings call and the subsequent revisions of earnings estimates [3][4] - The current consensus EPS estimate for the upcoming quarter is -$0.30 on revenues of $102.5 million, and for the current fiscal year, it is -$6.36 on revenues of $422.4 million [7] Industry Context - The Financial - Investment Management industry, to which Cannae belongs, is currently ranked in the top 28% of over 250 Zacks industries, indicating a favorable outlook compared to lower-ranked industries [8] - The correlation between near-term stock movements and earnings estimate revisions suggests that tracking these revisions can provide insights into stock performance [5]