What move does the options market price into Cannae's report?

Implied ±1.4%, either direction.

How often does Cannae move more than the options market prices?

0 of the last 8 reports moved at least as far as the implied move.

CNNENYSERetail-Eating & Drinking Places

Cannae Holdings, Inc. (CNNE) earnings date, market-implied expected move, and options open interest by expiry

18.05

+0.40 · +2.29%

Regular session14:10 ET

Open18.35Volume461,146Mkt cap$765.6MEPS-3.18Div yield3.40%

Day17.96 – 18.3524%52-wk10.25 – 17.88100%

CNNE

Cannae Holdings, Inc.

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±1.4%implied · report alone

8Q avg ±5.2%·×0.28·cheap

17.4017.90

straddle ±7.8%

spot 17.65exp Nov 20ATM strike 17.5ATM straddle 1.63IV 54%

Nov 3 closereport share · term structure

Expected move

Inputs

Next report

Nov 9

after close · in 5 days

est.Q3 FY26

Calendar

Next report

Last report

+1.30%

vs ±32.8% implied · ×0.04

shaded = implied · ▲▼ = realized

Aug 10 '26 · confirmed

Implied vs realized

Largest filed tie

filed ties

13F top-10 QoQ

−1.43%

shares held · 10 largest managers

13F · Jun 30 '26127d lag

204 managers

Top fund weight

0.02%

CNNE weight · IWM

N-PORTJun 30 '26

3 funds

Last reportshaded = implied▲▼ = realized× = |realized| ÷ implied

Cannae (CNNE) is expected to report on Nov 9 after close (estimated date).

Implied vs realized

8 reports

0 of 8≥ implied

avg implied: ±21.1%
avg realized: ±5.2%

Nov 12 '24Nov 12 '24confirmed±10.1%▼−2.82%×0.28

Feb 24 '25Feb 24 '25confirmed±9.3%▼−0.47%×0.05

May 12 '25May 12 '25confirmed±16.1%▼−5.32%×0.33

Aug 11 '25Aug 11 '25confirmed±17.9%▼−11.44%×0.64

Q3 FY25Nov 10 '25confirmed±27.8%▼−10.21%×0.37

Q1 FY26Feb 23 '26confirmed±43.3%▼−7.26%×0.17

May 11 '26May 11 '26confirmed±11.7%▼−2.89%×0.25

Q2 FY26Aug 10 '26confirmed±32.8%▲+1.30%×0.04

quarterimplied−45%0+45%realized×

Q2 FY26±32.8%▲+1.30%×0.04

May '26±11.7%

Shaded = implied · tick ▲▼ = realized · × = |realized| ÷ impliedSource: options EOD · implied at prior close · realized close to close

Implied vs realized

Positioning

OI · 1 expiry · Nov 2 close

0.18OI · 1 expiry · Nov 2 closeP/C open interest · Nov 20 · first expiry after the report

PUTS · chgexpiry · days · P/CCALLS · chgP/C

5080%Nov 2016d2,8750%

ExpiryPutsCallsP/C

Nov 2016d5080%2,8750%0.18

Hatched = puts · solid = calls · bars scaled per expiry · chg = OI vs prior sessionSource: options EOD

Positioning

Linked exposure

scenario · straddle±7.8%

Funds 3

IWM±0.0%

UWM±0.0%

VTI±0.0%

Dashed = straddleMethod Source: SEC filings · N-PORT · market data

Linked exposure

Revenue flow

as filedQ2 FY26

27.79%as filednet margin · revenue +6.24% QoQ · −7.26% YoY

Revenue$102M+6.24%

Gross profit$4M3.91%+263.64%

Operating income−$57M−55.58%−157.01%

Pre-tax income$28M+195.93%

Net income$28M27.79%+179.33%

Cost of revenue$98M+3.26%

Operating expenses$61M+162.07%

Tax$2M+240.00%

Other income$85M+1250.00%

Source: SEC filings · standardized · QE Jun 30 '26 · bars = % of revenue

Revenue flow

Intraday

15m bars

Long dash = implied range · Nov 3 close · Hatch = extended hours · ▯ up · ▮ downSource: market data · 14:00 ET

Intraday

Event sensitivity

PPI ×1.28· ±1.8% vs ±1.4% · 10 releases

eventrelease day|move|up · n×base

PPIproducer prices±1.8%4 of 10×1.28

FOMCrate decision±1.3%7 of 24×0.93

CPROFcorporate profits±1.2%6 of 12×0.85

GDPgross domestic product±1.2%9 of 19×0.85

PCEpersonal income & outlays±1.0%7 of 19×0.72

CPIconsumer prices±1.0%6 of 10×0.70

NFPjobs report±1.0%2 of 10×0.66

Bar = avg |move| to ±2% · tick = ±1.4% avg day · ×base = |move| ÷ ±1.4% · min 6 releases

Earnings history

EPS 0.86 · consensus —

Quarter	Reported	EPS	Consensus
Q2 FY26	Aug 10 '26 · confirmed	0.86	—
Q1 FY26	Feb 23 '26 · confirmed	-0.70	—
Q3 FY25	Nov 10 '25 · confirmed	-1.25	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod