Recap: Cannae Holdings Q1 Earnings

Cannae Holdings (NYSE:CNNE) reported its Q1 earnings results on Tuesday, May 9, 2023 at 04:10 PM. Here’s what…

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.

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