Cannae Holdings, Inc. (NYSE:CNNE) is set to announce second quarter earning results on Friday 7th August 2020, before market open.
Analysts surveyed by Thomson Reuters are predicting, CNNE to report 2Q20 income of $ 0.02 per share.
For the full year, analysts anticipate top line of $ 639.80 million, while looking forward to income of $ 8.42 per share bottom line.
Previous Quarter Performance
Cannae Holdings, Inc. unveiled income for the first quarter of $ 1.30 per share, from the revenue of $ 173.00 million. The quarterly earnings increased 1,757.14 percent while revenues decreased 41.95 percent compared with the same quarter last year. According to street consensus, revenue of $ 243.20 million was expected for the first quarter The top line results fell short of analysts by $ 70.2 million or 28.87 percent.
Historical Earnings Performance
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Stock Performance
The company has a market capital of $ 3.47 billion and is part of the Financial Services sector and Asset Management industry.
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Conference Call
Cannae Holdings, Inc. will be hosting a conference call at 11:00 AM eastern time on 7th August 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.cannaeholdings.com
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.