Cannae (CNNE) Projected to Post Earnings on Monday

Key Points

• Cannae Holdings Inc. is set to release its Q2 2025 earnings on August 11th, with analysts predicting a loss of ($0.31) per share and revenue of $109.95 million.
• In its previous quarterly earnings, Cannae reported a net loss of ($0.59) per share, missing estimates, with revenue of $103.20 million, down 6.8% compared to the same quarter last year.
• Cannae's stock saw a slight increase of 1.3% on Monday, reaching $20.98, and institutional investors hold 88.12% of the company's shares.

Cannae (NYSE:CNNE - Get Free Report) is anticipated to announce its Q2 2025 earnings results after the market closes on Monday, August 11th. Analysts expect Cannae to post earnings of ($0.31) per share and revenue of $109.95 million for the quarter.

Cannae (NYSE:CNNE - Get Free Report) last posted its earnings results on Monday, May 12th. The company reported ($0.59) earnings per share for the quarter, missing analysts' consensus estimates of ($0.56) by ($0.03). The business had revenue of $103.20 million for the quarter, compared to analyst estimates of $105.30 million. Cannae had a negative return on equity of 4.86% and a negative net margin of 73.64%. The firm's revenue was down 6.8% compared to the same quarter last year. During the same period in the previous year, the firm posted ($1.27) earnings per share. On average, analysts expect Cannae to post $-3 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Cannae Stock Performance

CNNE traded up $0.22 during trading on Friday, hitting $19.90. The stock had a trading volume of 116,094 shares, compared to its average volume of 632,197. The company has a debt-to-equity ratio of 0.04, a current ratio of 4.19 and a quick ratio of 4.19. Cannae has a one year low of $15.91 and a one year high of $22.36. The company has a 50 day moving average price of $20.61 and a 200-day moving average price of $19.10. The firm has a market cap of $1.25 billion, a price-to-earnings ratio of -3.78 and a beta of 1.06.

Analyst Ratings Changes

Separately, Royal Bank Of Canada upped their target price on Cannae from $22.00 to $26.00 and gave the company an "outperform" rating in a research report on Thursday, July 10th.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Goldman Sachs Group Inc. grew its holdings in Cannae by 4.1% during the first quarter. Goldman Sachs Group Inc. now owns 299,843 shares of the company's stock worth $5,496,000 after buying an additional 11,788 shares in the last quarter. Jane Street Group LLC grew its position in Cannae by 95.4% in the 1st quarter. Jane Street Group LLC now owns 54,393 shares of the company's stock worth $997,000 after purchasing an additional 26,550 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Cannae by 4.4% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 33,465 shares of the company's stock worth $613,000 after buying an additional 1,405 shares in the last quarter. Institutional investors own 88.12% of the company's stock.

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.