Q1 Revenue at $96.2M, Below Consensus of $99.77M
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 11 2026
0mins
Reports Q1 revenue $96.2M, consensus $99.77M.
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Analyst Views on CNNE
Wall Street analysts forecast CNNE stock price to rise
1 Analyst Rating
1 Buy
0 Hold
0 Sell
Moderate Buy
Current: 14.850
Low
19.00
Averages
19.00
High
19.00
Current: 14.850
Low
19.00
Averages
19.00
High
19.00
About CNNE
Cannae Holdings, Inc. primarily acquires interests in operating companies and is actively engaged in managing and operating a core group of those companies. The Company's segments include Restaurant Group, Alight, Black Knight Football and JANA. Restaurant Group segment consists primarily of the operations of O'Charley's and 99 Restaurants. Alight segment is a technology-enabled services company delivering human capital management solutions to various organizations. Black Knight Football segment includes multi-club ownership strategy, which consists of AFC Bournemouth (England), FC Lorient (France) and Moreirense FC (Portugal). AFC Bournemouth is an English professional association football club based in Kings Park, Boscombe, a suburb of Bournemouth, Dorset, England. FC Lorient is a French professional football club based in Lorient, Brittany, France. JANA segment invests in undervalued public companies and engages with management teams and boards to enhance value for shareholders.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
AFC Bournemouth Qualifies for UEFA Europa League for First Time in History
- Historic Achievement: AFC Bournemouth finished sixth in the 2025-26 Premier League with 57 points, qualifying for the UEFA Europa League for the first time in its 127-year history, marking a significant milestone in the club's rise in competitive football.
- Investment Returns: The club sold key players for over $350 million in the last two transfer windows, including the world's most valuable individual transfer during the winter 2025/26 window, showcasing the effectiveness of the Black Knight Football multi-club platform.
- Increased Commercial Opportunities: Qualification for the Europa League will bring substantial financial and brand benefits to AFC Bournemouth, including increased broadcast revenues and commercial opportunities, enhancing its visibility and competitiveness in the European football market.
- Future Outlook: William P. Foley II, Vice Chairman of Cannae Holdings, emphasized that the club's success is a result of the hard work of the coaching and management teams, laying a foundation for continued success and expansion of its influence in Europe next season.
See More
Cannae Holdings, Inc. Q1 2026 Earnings Call Highlights
- Shareholder Returns: In Q1 2026, Cannae Holdings returned approximately $51 million to shareholders through buybacks and regular dividends, with a current dividend yield of 4.2%, reflecting the company's commitment to shareholder value.
- Buyback Program: Year-to-date, the company has repurchased 3.4 million shares, representing 7.3% of outstanding shares for $43 million, and the board expanded the repurchase authorization to 14.9 million shares during the quarter, indicating ongoing commitment to buybacks.
- Revenue and Expenses: Total operating revenues for Q1 were $96 million, down 7% year-over-year, primarily due to restaurant closures and decreased traffic, while holding company expenses were reduced to $8.9 million, a 45% decrease year-over-year, showcasing effective cost control.
- Strategic Focus: Management emphasized the ongoing concentration on sports and entertainment-related assets while actively monetizing non-core assets, with a more substantive update expected in the next call, demonstrating the company's determination to optimize its asset portfolio.
See More
Cannae Holdings to Announce Q1 Earnings on May 11
- Earnings Announcement Date: Cannae Holdings (CNNE) is set to release its Q1 2023 earnings on May 11 after market close, with a consensus EPS estimate of -$0.44, reflecting a significant year-over-year improvement of 75.7%, indicating potential recovery in profitability.
- Revenue Expectations: The revenue estimate for Q1 stands at $99.77 million, representing a 3.3% year-over-year decline, which highlights the challenges the company faces in the current market environment and suggests pressure on revenue growth.
- Historical Performance Review: Over the past year, Cannae has exceeded EPS estimates 25% of the time and revenue estimates 75% of the time, demonstrating relative stability in financial forecasting and market confidence in the company.
- Estimate Revision Dynamics: In the last three months, EPS estimates saw one upward revision with no downward adjustments, while revenue estimates experienced one downward revision, indicating a cautious market outlook on the company's future performance, which may affect investor confidence.
See More
Cannae Holdings to Release Q1 2026 Financial Results and Host Conference Call
- Earnings Release Schedule: Cannae Holdings will release its Q1 2026 financial results after market close on May 11, 2026, reflecting the company's commitment to transparency and investor communication.
- Conference Call Timing: The company will hold a conference call at 5:00 PM Eastern Time on the same day to discuss the financial results, aiming to enhance interaction and information sharing with investors.
- Access Information: Investors can join the call by dialing 1-800-579-2543 (domestic) or 1-785-424-1789 (international), ensuring broad participation and effective information dissemination.
- Webcast and Replay Availability: The call will be available via a live webcast, with a replay accessible immediately after the call on the company's website, further improving information accessibility and transparency.
See More
FCC Chairman Warns Broadcasters of License Loss Over Fake News
- License Risk Warning: FCC Chairman Brendan Carr warned broadcasters during a congressional hearing that they risk losing their licenses if they do not operate in the public interest, emphasizing the importance of media trust, which could lead to a crisis for some broadcasters' survival.
- Fake News Allegations: Following Trump's dispute over reports of Iran striking U.S. tankers, Carr accused broadcasters of spreading false information and urged them to correct their course before license renewals, potentially impacting their market reputation and audience trust.
- Trust Rebuilding in Media: Carr highlighted that the media has earned the label of 'fake news' and stressed the necessity of rebuilding public trust, as failure to improve could result in audience loss and declining advertising revenues.
- Impact of International Tensions: The statements from Trump and Carr come amid escalating tensions between the U.S. and Iran, which may affect public trust in media reporting and subsequently influence market sentiment towards related industries.
See More
Cannae Holdings Authorizes New Stock Buyback Program
- Buyback Program Initiation: Cannae Holdings has announced a new stock repurchase program effective March 6, 2026, allowing for the buyback of up to 10 million shares, demonstrating the company's confidence in its stock value.
- Total Buyback Authorization Increased: The new buyback authorization combines with the remaining 4.9 million shares from prior authorizations, resulting in a total buyback authorization of 14.9 million shares, enhancing the company's flexibility in the capital markets.
- Outstanding Shares Context: With 46.4 million shares outstanding, the buyback program will effectively reduce the number of shares in circulation, potentially increasing earnings per share and shareholder value.
- Positive Market Reaction: Following the announcement of the new buyback program, Cannae Holdings' stock price rose 4.40% in premarket trading, reflecting investor optimism regarding the company's future prospects.
See More
AFC Bournemouth Qualifies for UEFA Europa League for First Time in History
- Historic Achievement: AFC Bournemouth finished sixth in the 2025-26 Premier League with 57 points, qualifying for the UEFA Europa League for the first time in its 127-year history, marking a significant milestone in the club's rise in competitive football.
- Investment Returns: The club sold key players for over $350 million in the last two transfer windows, including the world's most valuable individual transfer during the winter 2025/26 window, showcasing the effectiveness of the Black Knight Football multi-club platform.
- Increased Commercial Opportunities: Qualification for the Europa League will bring substantial financial and brand benefits to AFC Bournemouth, including increased broadcast revenues and commercial opportunities, enhancing its visibility and competitiveness in the European football market.
- Future Outlook: William P. Foley II, Vice Chairman of Cannae Holdings, emphasized that the club's success is a result of the hard work of the coaching and management teams, laying a foundation for continued success and expansion of its influence in Europe next season.
See More
Cannae Holdings, Inc. Q1 2026 Earnings Call Highlights
- Shareholder Returns: In Q1 2026, Cannae Holdings returned approximately $51 million to shareholders through buybacks and regular dividends, with a current dividend yield of 4.2%, reflecting the company's commitment to shareholder value.
- Buyback Program: Year-to-date, the company has repurchased 3.4 million shares, representing 7.3% of outstanding shares for $43 million, and the board expanded the repurchase authorization to 14.9 million shares during the quarter, indicating ongoing commitment to buybacks.
- Revenue and Expenses: Total operating revenues for Q1 were $96 million, down 7% year-over-year, primarily due to restaurant closures and decreased traffic, while holding company expenses were reduced to $8.9 million, a 45% decrease year-over-year, showcasing effective cost control.
- Strategic Focus: Management emphasized the ongoing concentration on sports and entertainment-related assets while actively monetizing non-core assets, with a more substantive update expected in the next call, demonstrating the company's determination to optimize its asset portfolio.
See More
Cannae Holdings to Announce Q1 Earnings on May 11
- Earnings Announcement Date: Cannae Holdings (CNNE) is set to release its Q1 2023 earnings on May 11 after market close, with a consensus EPS estimate of -$0.44, reflecting a significant year-over-year improvement of 75.7%, indicating potential recovery in profitability.
- Revenue Expectations: The revenue estimate for Q1 stands at $99.77 million, representing a 3.3% year-over-year decline, which highlights the challenges the company faces in the current market environment and suggests pressure on revenue growth.
- Historical Performance Review: Over the past year, Cannae has exceeded EPS estimates 25% of the time and revenue estimates 75% of the time, demonstrating relative stability in financial forecasting and market confidence in the company.
- Estimate Revision Dynamics: In the last three months, EPS estimates saw one upward revision with no downward adjustments, while revenue estimates experienced one downward revision, indicating a cautious market outlook on the company's future performance, which may affect investor confidence.
See More
Cannae Holdings to Release Q1 2026 Financial Results and Host Conference Call
- Earnings Release Schedule: Cannae Holdings will release its Q1 2026 financial results after market close on May 11, 2026, reflecting the company's commitment to transparency and investor communication.
- Conference Call Timing: The company will hold a conference call at 5:00 PM Eastern Time on the same day to discuss the financial results, aiming to enhance interaction and information sharing with investors.
- Access Information: Investors can join the call by dialing 1-800-579-2543 (domestic) or 1-785-424-1789 (international), ensuring broad participation and effective information dissemination.
- Webcast and Replay Availability: The call will be available via a live webcast, with a replay accessible immediately after the call on the company's website, further improving information accessibility and transparency.
See More
FCC Chairman Warns Broadcasters of License Loss Over Fake News
- License Risk Warning: FCC Chairman Brendan Carr warned broadcasters during a congressional hearing that they risk losing their licenses if they do not operate in the public interest, emphasizing the importance of media trust, which could lead to a crisis for some broadcasters' survival.
- Fake News Allegations: Following Trump's dispute over reports of Iran striking U.S. tankers, Carr accused broadcasters of spreading false information and urged them to correct their course before license renewals, potentially impacting their market reputation and audience trust.
- Trust Rebuilding in Media: Carr highlighted that the media has earned the label of 'fake news' and stressed the necessity of rebuilding public trust, as failure to improve could result in audience loss and declining advertising revenues.
- Impact of International Tensions: The statements from Trump and Carr come amid escalating tensions between the U.S. and Iran, which may affect public trust in media reporting and subsequently influence market sentiment towards related industries.
See More
Cannae Holdings Authorizes New Stock Buyback Program
- Buyback Program Initiation: Cannae Holdings has announced a new stock repurchase program effective March 6, 2026, allowing for the buyback of up to 10 million shares, demonstrating the company's confidence in its stock value.
- Total Buyback Authorization Increased: The new buyback authorization combines with the remaining 4.9 million shares from prior authorizations, resulting in a total buyback authorization of 14.9 million shares, enhancing the company's flexibility in the capital markets.
- Outstanding Shares Context: With 46.4 million shares outstanding, the buyback program will effectively reduce the number of shares in circulation, potentially increasing earnings per share and shareholder value.
- Positive Market Reaction: Following the announcement of the new buyback program, Cannae Holdings' stock price rose 4.40% in premarket trading, reflecting investor optimism regarding the company's future prospects.
See More
