On Wednesday 30th October 2024, Axos Financial (NYSE: AX) will be releasing its first quarter financial results. This much awaited announcement will be made after market close.
The financial experts on Wall Street are predicting that the establishment will likely report an estimated $1.78 profit per share for the first quarter. Additionally, it is anticipated that the company will reveal a $298.73 million revenue during the quarter.
The earnings report for the corresponding quarter of the prior year unveiled a per-share income of $1.41. This was a direct result of the company's total revenue, which amounted to an impressive $245.66 million during that specific period.
Wall Street analysts have offered their forecasts for the company's yearly performance, predicting a total revenue of $1.21 billion. At the same time, they are expecting the company to achieve per share profit of $6.94 for the fiscal year ahead.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q4 2024 | $1.83 | +22.0% | 290.92 M | +23.0% |
| Q3 2024 | $1.94 | +43.7% | 294.77 M | +27.5% |
| Q2 2024 | $1.60 | +15.9% | 352.74 M | +54.5% |
| Q1 2024 | $1.41 | +19.5% | 245.66 M | +18.3% |
| Q4 2023 | $1.50 | +33.9% | 236.46 M | +22.8% |
| *Growth on year-over-year basis | ||||
Additionally, The company will host a conference call with investors and analysts on 30th October 2024 at 05:00 PM eastern time to review the Q1 2025 financial results.
Axos Financial (AX) experienced a trading range of $65.83 to $67.74, along with a total volume of 321.60 thousand shares during the day. The stock concluded Monday's regular trading session at $67.03, indicating an increase of 3.36 percent.
