Axos Financial, Inc. (NYSE:AX) is set to announce first quarter earning results on Thursday 29th October 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, AX to report 1Q21 income of $ 0.68 per share from revenue of $ 142.77 million.
For the full year, analysts anticipate top line of $ 560.64 million, while looking forward to income of $ 2.53 per share bottom line.
Previous Quarter Performance
Axos Financial, Inc. disclosed income for the fourth quarter of $ 0.78 per share, from the revenue of $ 145.97 million. The consensus estimates are income of $ 0.54 per share from $ 133.62 million in revenue. The bottom line results beat street analysts by $ 0.24 or 44.44 percent, at the same time, top line results outshined analysts by $ 12.35 million or 9.24 percent.
Stock Performance
Shares of Axos Financial, Inc. traded low $ -0.58 or -2.18 percent on Wednesday, reaching $ 26.00 with volume of 269.10 thousand shares. Axos Financial, Inc. has traded high as $ 26.48 and has cracked $ 25.72 on the downward trend
According to the previous trading day, closing price of $ 26.00, representing a 94.16 % increase from the 52 week low of $ 13.69 and a 13.5 % decrease over the 52 week high of $ 30.73.
The company has a market capital of $ 1.55 billion and is part of the Financial Services sector and Savings & Cooperative Banks industry.
Recent Analyst recommendations
- On 18th September 2020, maintained by Piper Sandler at Overweight rating, with $ 26.00 target price.
Conference Call
Axos Financial, Inc. will be hosting a conference call at 5:00 PM eastern time on 29th October 2020, to discuss its 1Q21 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website axosfinancial.com
Axos Financial, Inc. operates as the holding company for BofI Federal Bank that provides consumer and business banking products in the United States. The company offers deposits products, including consumer and business checking, demand, savings, and time deposit accounts.
