Cannae Holdings Q4 2023 GAAP EPS $(0.83) Misses $(0.55) Estimate, Sales $119.30M Miss $138.27M Estimate

2/21/24 5:12:14 PM ET

Restaurants

Consumer Discretionary

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Cannae Holdings (NYSE:CNNE) reported quarterly losses of $(0.83) per share which missed the analyst consensus estimate of $(0.55) by 50.91 percent. The company reported quarterly sales of $119.30 million which missed the analyst consensus estimate of $138.27 million by 13.72 percent. This is a 23.38 percent decrease over sales of $155.70 million the same period last year.

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Date	Price Target	Rating	Analyst
12/20/2021	$42.00	Outperform	RBC Capital

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Cannae Holdings, Inc. Announces Third Quarter 2024 Earnings Release Date and Conference Call
Cannae Holdings, Inc. (NYSE:CNNE) ("Cannae" or the "Company") today announced that the Company will release its third quarter 2024 financial results after the market close on Tuesday, November 12, 2024. The Company will also hold a conference call to discuss its financial results at 5:00 pm (Eastern Time) on the same day. The conference call can be accessed by dialing 1-844-826-3035 (domestic) or 1-412-317-5195 (international) and asking for the Cannae Holdings Third Quarter 2024 Earnings Call. A telephonic replay will be available at the conclusion of the call and can be accessed by dialing 1-844-512-2921, or for international callers 1-412-317-6671 and providing the access code 10192308.
10/30/24 4:10:00 PM ET
$CNNE
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Consumer Discretionary
Cannae Holdings, Inc. Announces Second Quarter 2024 Financial Results
~ Quarterly results call scheduled for 5:00pm ET ~ Cannae Holdings, Inc. (NYSE:CNNE) ("Cannae" or the "Company") has released its second quarter 2024 financial results by posting them to its website. Please visit the Cannae website at www.cannaeholdings.com to view the second quarter 2024 financial results, which are included in its Letter to Shareholders. Conference Call As previously announced, Cannae will host a conference call, today, August 8, 2024 at 5:00pm (Eastern Time), to discuss its second quarter 2024 results. The conference call can be accessed by dialing 1-800-245-3047 (domestic) or 1-203-518-9765 (international) and asking for the Cannae Holdings Second Quarter 2024 Ear
8/8/24 4:10:00 PM ET
$CNNE
Restaurants
Consumer Discretionary
Cannae Holdings, Inc. Announces Quarterly Cash Dividend of $0.12
Cannae Holdings, Inc. (NYSE:CNNE) today announced that its Board of Directors has declared a quarterly cash dividend of $0.12 per share. The dividend will be payable September 30, 2024, to shareholders of record as of September 16, 2024. About Cannae Holdings, Inc. We primarily acquire interests in operating companies and are actively engaged in managing and operating a core group of those companies. We believe that our long-term ownership and active involvement in the management and operations of companies helps maximize the value of those businesses for our shareholders. We are a long-term owner that secures control and governance rights of other companies primarily to engage in their
7/30/24 4:19:00 PM ET
$CNNE
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Cannae Holdings, Inc. Announces Third Quarter 2024 Earnings Release Date and Conference Call
Cannae Holdings, Inc. (NYSE:CNNE) ("Cannae" or the "Company") today announced that the Company will release its third quarter 2024 financial results after the market close on Tuesday, November 12, 2024. The Company will also hold a conference call to discuss its financial results at 5:00 pm (Eastern Time) on the same day. The conference call can be accessed by dialing 1-844-826-3035 (domestic) or 1-412-317-5195 (international) and asking for the Cannae Holdings Third Quarter 2024 Earnings Call. A telephonic replay will be available at the conclusion of the call and can be accessed by dialing 1-844-512-2921, or for international callers 1-412-317-6671 and providing the access code 10192308.
10/30/24 4:10:00 PM ET
$CNNE
Restaurants
Consumer Discretionary
Cannae Holdings, Inc. and KDSA to Acquire Majority Stake in The Watkins Company
~Private Investment in 156-Year Old Flavoring Products Company That Is Positioned for Long Term Growth and Profitability~ ~Cannae, KDSA and Existing Ownership Partnering to Drive Long Term Value Creation~ Cannae Holdings, Inc. (NYSE:CNNE) ("Cannae" or the "Company") in partnership with KDSA Investment Partners ("KDSA") announced today an agreement to acquire a majority stake in The Watkins Company ("Watkins"), a 156-year-old American heritage brand renowned for its high-quality flavoring products. This strategic investment aims to leverage the strengths of both Cannae and KDSA to drive growth and innovation for Watkins' fast-growing portfolio of flavoring products including spices, season
10/7/24 4:10:00 PM ET
$CNNE
Restaurants
Consumer Discretionary
Cannae Holdings, Inc. Announces Second Quarter 2024 Financial Results
~ Quarterly results call scheduled for 5:00pm ET ~ Cannae Holdings, Inc. (NYSE:CNNE) ("Cannae" or the "Company") has released its second quarter 2024 financial results by posting them to its website. Please visit the Cannae website at www.cannaeholdings.com to view the second quarter 2024 financial results, which are included in its Letter to Shareholders. Conference Call As previously announced, Cannae will host a conference call, today, August 8, 2024 at 5:00pm (Eastern Time), to discuss its second quarter 2024 results. The conference call can be accessed by dialing 1-800-245-3047 (domestic) or 1-203-518-9765 (international) and asking for the Cannae Holdings Second Quarter 2024 Ear
8/8/24 4:10:00 PM ET
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Cannae Holdings, Inc. Announces Agreement to Wind Down Management Services Agreement
~ Further Aligns Management with Shareholders ~ Cannae Holdings, Inc. (NYSE:CNNE) ("Cannae" or the "Company") today announced that the Company has agreed to wind down its Management Services Agreement ("MSA") with Trasimene Capital Management, LLC ("Trasimene"). Effective July 2, 2024, the MSA will be amended and restated to provide that Trasimene will receive a fixed management fee of $7.6 million for each of the following three years, and a $20 million termination fee, payable in three annual installments commencing on July 2, 2024, and no fees thereafter. As a result, Trasimene will not receive any incremental management fees or carried interest on investments made by the Company on
2/27/24 6:25:00 AM ET
$CNNE
Restaurants
Consumer Discretionary
Cannae Holdings, Inc. Announces William P. Foley II as CEO
Cannae Holdings, Inc. (NYSE:CNNE) ("Cannae" or the "Company") today announced that it has appointed Chairman William P. Foley II as Chief Executive Officer of the Company and Richard Massey as Vice Chairman of the Board. Mr. Massey will continue to work with Mr. Foley on investment opportunities. Mr. Foley will continue as Chairman of the Board and Ryan Caswell will continue as the President of the Company. William P. Foley, II, commented, "I am very excited to assume the role of Chief Executive Officer and continue working with Rick Massey and our portfolio management team while sourcing new private investments that offer outsized, risk-adjusted returns." About Cannae Holdings, Inc.
2/12/24 7:06:00 AM ET
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Cannae Holdings, Inc. Announces Appointment of Two New Board Members
LAS VEGAS--(BUSINESS WIRE)--Cannae Holdings, Inc. (NYSE:CNNE) (“Cannae” or the “Company”) today announced the appointment of two new board members to the Company’s board of directors, effective February 18, 2021. Joining the board are Barry Moullet and David Aung. These appointments increase Cannae’s total board membership to 11. Mr. Moullet was appointed to Cannae’s Compensation Committee of the board and Mr. Aung was appointed to Cannae’s Corporate Governance and Nominating Committee of the board. “I could not be more excited to welcome and announce the appointment of Barry and David to our Board of Directors,” commented William P. Foley, II, Chairman. “Combined, Barry and Dav
2/18/21 7:54:00 PM ET
$CNNE
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Cannae Holdings Q4 2023 GAAP EPS $(0.83) Misses $(0.55) Estimate, Sales $119.30M Miss $138.27M Estimate

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$CNNE Insider Purchases

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Massey Richard N bought $933,200 worth of shares (50,000 units at $18.66), increasing direct ownership by 13% to 427,417 units (SEC Form 4)

$CNNE Financials

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Cannae Holdings, Inc. Announces Third Quarter 2024 Earnings Release Date and Conference Call

Cannae Holdings, Inc. Announces Second Quarter 2024 Financial Results

Cannae Holdings, Inc. Announces Quarterly Cash Dividend of $0.12

$CNNE Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

Director Ammerman Douglas K was granted 1,968 shares, increasing direct ownership by 8% to 25,832 units (SEC Form 4)

Director Harris Hugh R was granted 853 shares, increasing direct ownership by 2% to 49,542 units (SEC Form 4)

Director Martire Frank R was granted 1,312 shares, increasing direct ownership by 0.77% to 171,621 units (SEC Form 4)

$CNNE Large Ownership Changes

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SEC Form SC 13G filed by Cannae Holdings Inc.

SEC Form SC 13G/A filed by Cannae Holdings Inc. (Amendment)

SEC Form SC 13G/A filed by Cannae Holdings Inc. (Amendment)

$CNNE Press Releases

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Cannae Holdings, Inc. Announces Third Quarter 2024 Earnings Release Date and Conference Call

Cannae Holdings, Inc. and KDSA to Acquire Majority Stake in The Watkins Company

Cannae Holdings, Inc. Announces Second Quarter 2024 Financial Results

$CNNE Leadership Updates

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Cannae Holdings, Inc. Announces Agreement to Wind Down Management Services Agreement

Cannae Holdings, Inc. Announces William P. Foley II as CEO

Cannae Holdings, Inc. Announces Appointment of Two New Board Members

$CNNE SEC Filings

SEC Form 13F-HR filed by Cannae Holdings Inc.

SEC Form S-8 filed by Cannae Holdings Inc.

SEC Form 10-Q filed by Cannae Holdings Inc.

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$CNNE Market Insights

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RBC Capital initiated coverage on Cannae Holdings with a new price target

Oppenheimer resumed coverage on Cannae with a new price target

Cannae Holdings Q1 2024 GAAP EPS $(1.27) Misses $(0.18) Estimate, Sales $110.700M Miss $126.233M Estimate

Cannae Holdings Reports Final Results Of Modified Dutch Auction Tender Offer

Cannae Holdings Announced Preliminary Results of Modified Dutch Auction Tender Offer; 9,682,505 Shares Were Properly Tendered And Not Properly Withdrawn At Or Below A Purchase Price Of $22.95/Share

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