Cannae (CNNE) Scheduled to Post Quarterly Earnings on Tuesday

Cannae (NYSE:CNNE) will be announcing its earnings results after the market closes on Tuesday, November 12th. Analysts expect the company to announce earnings of ($0.34) per share for the quarter.

Cannae (NYSE:CNNE) last released its earnings results on Thursday, August 8th. The company reported ($2.49) EPS for the quarter, missing analysts’ consensus estimates of ($0.17) by ($2.32). The business had revenue of $118.00 million for the quarter, compared to the consensus estimate of $112.00 million. Cannae had a negative net margin of 93.69% and a negative return on equity of 14.30%. The company’s quarterly revenue was down 22.8% compared to the same quarter last year. During the same period in the prior year, the company posted ($1.16) EPS. On average, analysts expect Cannae to post $-3 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Cannae Trading Up 1.4 %

Shares of CNNE traded up $0.27 during mid-day trading on Tuesday, reaching $20.21. 150,766 shares of the company’s stock traded hands, compared to its average volume of 539,634. The stock has a market cap of $1.27 billion, a P/E ratio of -2.95 and a beta of 0.87. The stock’s 50-day moving average is $19.15 and its two-hundred day moving average is $19.11. Cannae has a 12 month low of $16.53 and a 12 month high of $22.99. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.01 and a quick ratio of 1.01.

About Cannae

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 was founded in 2014 and is based in Las Vegas, Nevada.