Cannae Holdings Full Year 2024 Earnings: EPS Misses Expectations

Cannae Holdings (NYSE:CNNE) Full Year 2024 Results

Key Financial Results

• Revenue: US$452.5m (down 21% from FY 2023).
• Net loss: US$304.6m (loss narrowed by 2.8% from FY 2023).
• US$4.73 loss per share.

All figures shown in the chart above are for the trailing 12 month (TTM) period

Cannae Holdings EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 10%.

Looking ahead, revenue is forecast to stay flat during the next 2 years compared to a 6.4% growth forecast for the Diversified Financial industry in the US.

Performance of the American Diversified Financial industry.

The company's shares are down 4.8% from a week ago.

Risk Analysis

Before you take the next step you should know about the 1 warning sign for Cannae Holdings that we have uncovered.

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