Axos Financial Q1 Adj EPS $1.41 Beats $1.36 Estimate, Sales $245.66M Beat $240.05M Estimate
Portfolio Pulse from mahesh@benzinga.com
Axos Financial (NYSE:AX) reported Q1 earnings of $1.41 per share, beating the analyst consensus estimate of $1.36 by 3.68%. This is a 19.49% increase from the same period last year. The company also reported quarterly sales of $245.66 million, beating the analyst consensus estimate of $240.05 million by 2.34%. This is an 18.29% increase from the same period last year.
October 26, 2023 | 8:42 pm
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POSITIVE IMPACT
Axos Financial's Q1 earnings and sales exceeded analyst estimates, indicating a strong financial performance. This could potentially lead to a positive impact on the company's stock.
Axos Financial's Q1 earnings and sales have exceeded analyst estimates, which is typically a positive signal for investors and can lead to an increase in the company's stock price. The significant YoY growth in earnings and sales further strengthens this outlook.
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