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Stock impact report

Cannae Reports Fourth Quarter 2017 Results With $1.06 Billion Book Value of Portfolio Company Investments, or $14.95 Per Share

Cannae Holdings, Inc. (CNNE) 
Last cannae holdings, inc. earnings: 11/12 06:25 am Check Earnings Report
US:NYSE Investor Relations: cannaeholdings.com
Company Research Source: Business Wire
LAS VEGAS--(BUSINESS WIRE)-- Cannae Holdings, Inc. (NYSE:CNNE) today reported operating results for the three and twelve-month periods ended December 31, 2017. Fourth Quarter and Full Year 2017 Highlights Total book value of portfolio company investments grew 18.6% to $1.06 billion at year end 2017 as compared to total book value at year end 2016 of $894 million Book value per share grew 18.6% to $14.95 at year end 2017 as compared to book value per share at year end 2016 of $12.61 Sold One Digital on June 2, 2017 for $560 million, representing a 4.6x cash on cash multiple and a 41% IRR Completed the split-off from Fidelity National Financial on November 20, 2017 Ended 2017 with $215 million in holding company cash Restaurant Group $298.6 million in total revenue and a pretax loss of $11.5 Show less Read more
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