Cannae Reports Third Quarter 2019 Results with $1.21 Billion Book Value of Portfolio Company Investments, or $16.81 Per Share

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Go back to Cannae Reports Third Quarter 2019 Results with $1.21 Billion Book Value of Portfolio Company Investments, or $16.81 Per Share

Cannae Holdings, Inc. (CNNE) Reports Q3 EPS of $0.64, Revenues Miss

November 12, 2019 6:28 AM EST

Cannae Holdings, Inc. (NYSE: CNNE) reported Q3 EPS of $0.64, versus ($0.02) reported last year. Revenue for the quarter came in at $270.4 million versus the consensus estimate of $279.65 million.

Ceridian delivered another strong quarter from its Cloud services business as evidenced by the 30.2% increase in Dayforce revenue compared to the prior year quarter, commented Chairman William P. Foley, II. We continue to be pleased with our investment in Ceridian and believe there is significant opportunities for growth ahead. During the quarter, we prudently... More