Cannae Holdings, Inc. (NYSE:CNNE) is set to announce third quarter earning results on Monday 9th November 2020, before market open.
Analysts surveyed by Thomson Reuters are predicting, CNNE to report 3Q20 revenue of $ 139.40 million.
For the full year, analysts anticipate top line of $ 594.60 million, while looking forward to income of $ 14.10 per share bottom line.
Previous Quarter Performance
Cannae Holdings, Inc. revealed income for the second quarter of $ 0.46 per share, from the revenue of $ 102.60 million. The quarterly earnings extended 70.37 percent while revenues shrunk 63.52 percent compared with the same quarter last year. The top line results fell short of analysts by $ 7.1 million or 6.47 percent.
Stock Performance
On Friday, shares of Cannae Holdings, Inc. has traded high as $ 39.88 and has cracked $ 38.97 on the downward trend, reaching $ 39.47 with volume of 233.70 thousand shares.
According to the previous trading day, closing price of $ 39.47, representing a 93.76 % increase from the 52 week low of $ 20.51 and a 11.43 % decrease over the 52 week high of $ 44.87.
The company has a market capital of $ 3.80 billion and is part of the Financial Services sector and Asset Management industry.
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.
