Cannae Holdings (CNNE) Q2 2026 Earnings Call Transcript

Cannae Holdings, Inc. (CNNE) filed an SEC Form 8-K — Results of Operations and Financial Condition. EX-99.2 3 exhibit992-2026q2cannaesha.htm EX-99.2 Document Second Quarter 2026 Update CANNAE HOLDINGS, INC. / SECOND QUARTER 2026 UPDATE Forward-Looking Statements and Risk Factors This communication contains forward-looking statements that involve a number of risks and uncertaint

Cannae Holdings agreed to sell its 87% stake in Brasada Ranch Resort in Oregon to a buyer owned by William P. Foley II, Cannae’s vice chairman, ending Foley’s put right. The deal values the resort at about $40M enterprise value, including ~$17M assumed property debt. Cannae expects to close by July 15, 2026 and redeploy at least $47M.

QuickLogic (QUIK) reported Q2 2026 revenue at the low end of guidance due to contract delays. The company narrowed its full-year revenue growth outlook to 70-80% and expects non-GAAP profitability and positive cash flow in the second half of 2026. Growth is anticipated from RadPro, Storefront initiatives, and entries into automotive, robotics, and commercial satellite sectors. Management noted design activity transitioning to Intel 18A-P process node for performance improvements and reduced powe

US stocks fell, with the S&P 500 down 0.9% and the Dow dropping 1.3%, due to rising oil prices, inflation concerns, and US debt. Walmart led declines, falling 9.2%, despite beating earnings estimates, as revenue growth slowed and profit forecasts disappointed. Treasury Secretary's bond-buying plan provided temporary relief, but yields remain high, impacting markets.

Ross Stores reported Q2 2027 earnings with EPS of $2.66 (beating estimates by 37.2%) and revenue of $6.26B (1.8% above estimates). Excluding tariff refunds, comparable store sales rose 10%. Management raised full-year EPS guidance to $8.61-$8.77 and increased store opening plans. Walmart (WMT) fell 9.8% after a soft Q2 report, while Alibaba (BABA) missed estimates significantly, with revenue down 85.2%. Flowers Foods (FLO) reported a decline in EPS and revenue, cutting full-year guidance.

CSL Ltd (CSL.AX) surged 24.15% in a week to A$169.41 after reporting FY2026 results with a A$2.6B statutory loss but better-than-expected underlying profit and FY27 guidance. Analysts raised targets to A$160–193, citing a valuation reset and buyback. The stock is overbought (RSI 82.3) but analysts see further upside.