Cannae Holdings (NYSE:CNNE) reported its Q1 earnings results on Tuesday, May 9, 2023 at 04:10 PM.
Here’s what investors need to know about the announcement.
Earnings
Cannae Holdings missed estimated earnings by 183.33%, reporting an EPS of $-0.05 versus an estimate of $0.06.
Revenue was down $13.10 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.33 which was followed by a 2.59% increase in the share price the next day.
Here’s a look at Cannae Holdings’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.02 | 0.04 | 0.07 | -0.01 |
| EPS Actual | 0.35 | 0.69 | -3.15 | -2.88 |
| Revenue Estimate | 163.08M | 167.20M | 227.23M | 187.77M |
| Revenue Actual | 155.70M | 164.50M | 174.50M | 167.40M |
To track all earnings releases for Cannae Holdings visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.