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CNNE

Cannae Holdings, Inc.

https://www.cannaeholdings.com

Industry

Restaurants

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. is based in Las Vegas, Nevada.

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Cannae Holdings (NYSE:CNNE) is scheduled to release its quarterly earnings report on February 21, 2024, with analysts expecting an EPS of $-0.55. The company's past earnings performance shows a history of not meeting EPS estimates, leading to negative stock price reactions. Shares are currently trading at $20.69, reflecting an 8.48% decrease over the last year. Investors are looking for positive guidance for the next quarter.

Portfolio Pulse from Benzinga Insights

February 20, 2024 | 7:02 pm

Cannae Holdings has announced significant leadership changes, appointing William P. Foley as CEO while Richard Massey will serve as Vice Chairman of the Board. Foley will also retain his position as Chairman of the Board, and Ryan Caswell will continue as the President of the Company.

Portfolio Pulse from Benzinga Newsdesk

February 12, 2024 | 12:09 pm

RBC Capital analyst Kenneth Lee has maintained an 'Outperform' rating on Cannae Holdings (NYSE:CNNE) but lowered the price target from $27 to $26.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 7:44 pm

Stephens & Co. analyst John Campbell has maintained an Overweight rating on Cannae Holdings (NYSE:CNNE) but lowered the price target from $36 to $30.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 4:43 pm

Cannae Holdings (NYSE:CNNE) reported Q3 losses of $(2.18) per share, missing the analyst consensus estimate of $(0.33) by 560.61%. This is a 415.94% decrease from last year's earnings. The company also reported quarterly sales of $143.60 million, missing the analyst consensus estimate of $149.17 million by 3.73%. This is a 12.71% decrease from last year's sales.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 10:30 pm

RBC Capital analyst Kenneth Lee has maintained an 'Outperform' rating on Cannae Holdings (NYSE:CNNE) but lowered the price target from $28 to $27.

Portfolio Pulse from Benzinga Newsdesk

October 13, 2023 | 1:30 pm

Insider trades were noted in Asana, Inc. (ASAN), Gatos Silver, Inc. (GATO), and Cannae Holdings, Inc. (CNNE). ASAN's CEO acquired 1,015,000 shares at an average price of $17.19, costing around $17.44 million, following a narrower-than-expected quarterly loss. GATO's CEO acquired 50,000 shares at an average price of $5.40, costing around $270,000, after posting a loss for the second quarter. CNNE's CEO bought 50,000 shares at an average price of $18.66, costing around $933,200, after posting downbeat second-quarter results.

Portfolio Pulse from Lisa Levin

September 28, 2023 | 10:41 am

Cannae Holdings CEO Richard N Massey has purchased 50,000 shares of the company at an average price of $18.66 per share, according to a Form4 SEC filing.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 4:08 pm

Cannae Holdings (NYSE:CNNE) reported Q2 losses of $(1.16) per share, missing the analyst consensus estimate of $(0.03) by 3766.67%. This is a 63.17% increase over losses from the same period last year. The company also reported quarterly sales of $152.80 million, missing the analyst consensus estimate of $168.52 million by 9.33%. This is a 12.44% decrease over sales from the same period last year.

Portfolio Pulse from totan@benzinga.com

August 09, 2023 | 8:21 pm

Stephens & Co. analyst John Campbell reiterated an Overweight rating on Cannae Holdings (NYSE:CNNE) and maintained a $39 price target.

Portfolio Pulse from richadhand@benzinga.com

June 13, 2023 | 12:05 pm

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