Cannae Holdings (CNNE) Q2 2026 Earnings Call Transcript
Cannae Holdings (CNNE) reported Q2 2026 earnings, highlighting $45M in investments, share buybacks, and asset sales. Key transactions include the $90M sale of Watkins and the sale of Brasada Ranch. New investments in sports, like Exeter Rugby, aim to drive long-term returns. Operating revenues declined to $102M from $110M YoY, with significant cost reductions. SpaceX IPO contributed an $83.4M gain. The company focuses on sports/entertainment assets and shareholder returns.




