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Cannae Holdings (CNNE)
NYSE:CNNE
Earnings Data
Report Date
Aug 06, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
-0.25Last Year’s EPS
-2.49Same Quarter Last Year
Strong Buy
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 12, 2025
|% Change Since: -5.16%
|Next Earnings Date:Aug 06, 2025
Earnings Call Sentiment|Positive
The earnings call reflects a positive sentiment with significant progress in strategic investments and partnerships, particularly with the acquisition of Dun & Bradstreet and expansion with JANA Partners. Despite a decrease in operating revenue and challenges in the Restaurant Group, the overall outlook remains optimistic with ongoing strategic initiatives to enhance shareholder value.Company Guidance
During the Cannae Holdings, Inc. First Quarter 2025 Financial Results Conference Call, CEO Ryan Caswell provided guidance on several key metrics and strategic initiatives. The call highlighted a definitive agreement for Dun & Bradstreet to be acquired for $4.1 billion, with Cannae set to receive $632 million, from which $460 million is earmarked for share repurchases, dividends, and debt repayment. Additionally, the company plans to acquire an extra 30% stake in JANA Partners for $67.5 million, increasing its ownership to 50%. Significant progress in their venture, Black Knight Football, was also discussed, including capital raising of $133 million and infrastructure improvements at AFC Bournemouth. Caswell emphasized the commitment to rebalance the portfolio and return capital to shareholders.Dun & Bradstreet Acquisition
Cannae's largest public investment, Dun & Bradstreet, announced a definitive agreement to be acquired by Clearlake Capital for $4.1 billion. Cannae will receive $632 million in proceeds, with $460 million planned for share repurchases, dividends, and debt repayment.
Expansion of Partnership with JANA Partners
Cannae has entered into an agreement to acquire an additional 30% stake in JANA Partners for $67.5 million, bringing total ownership to 50%. This broadens the scope of their partnership and enhances Cannae's ability to allocate capital towards proprietary acquisitions.
Progress in Black Knight Football Investments
Black Knight Football club raised $133 million in new capital. AFC Bournemouth made significant progress, opening a new performance center and acquiring Vitality Stadium. FC Lorient was promoted to Ligue 1, and Hibernian FC is in third place in the Scottish Premier League.
Financial Performance of Portfolio Companies
D&B reported revenue of $580 million with 3.6% constant currency organic growth. Alight reported $548 million in revenue with a 2% decrease but increased adjusted EBITDA. Both companies' results were ahead of consensus estimates.
CNNE Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
CNNE Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 12, 2025 | $18.80 | $17.80 | -5.32% |
Feb 24, 2025 | $19.05 | $18.96 | -0.47% |
Nov 12, 2024 | $21.34 | $20.74 | -2.81% |
Aug 08, 2024 | $19.57 | $18.76 | -4.14% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Cannae Holdings (CNNE) report earnings?
Cannae Holdings (CNNE) is schdueled to report earning on Aug 06, 2025, TBA Not Confirmed.
What is Cannae Holdings (CNNE) earnings time?
Cannae Holdings (CNNE) earnings time is at Aug 06, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CNNE EPS forecast?
CNNE EPS forecast for the fiscal quarter 2025 (Q2) is -0.25.