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Here's What Key Metrics Tell Us About Axos Financial (AX) Q2 Earnings
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For the quarter ended December 2024, Axos Financial (AX - Free Report) reported revenue of $307.9 million, down 12.7% over the same period last year. EPS came in at $1.82, compared to $1.60 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $303.64 million, representing a surprise of +1.40%. The company delivered an EPS surprise of +3.41%, with the consensus EPS estimate being $1.76.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Axos Financial performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Efficiency ratio: 47.2% versus the four-analyst average estimate of 48.4%.
Net Interest Margin: 4.8% compared to the 4.7% average estimate based on four analysts.
Net annualized charge-offs to average loans: 0.1% versus the three-analyst average estimate of 0.1%.
Total Non-Interest Income: $27.80 million compared to the $31.91 million average estimate based on four analysts.
Net Interest Income: $280.10 million versus $272 million estimated by four analysts on average.
Shares of Axos Financial have returned +2.3% over the past month versus the Zacks S&P 500 composite's +0.8% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Here's What Key Metrics Tell Us About Axos Financial (AX) Q2 Earnings
For the quarter ended December 2024, Axos Financial (AX - Free Report) reported revenue of $307.9 million, down 12.7% over the same period last year. EPS came in at $1.82, compared to $1.60 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $303.64 million, representing a surprise of +1.40%. The company delivered an EPS surprise of +3.41%, with the consensus EPS estimate being $1.76.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Axos Financial performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Efficiency ratio: 47.2% versus the four-analyst average estimate of 48.4%.
- Net Interest Margin: 4.8% compared to the 4.7% average estimate based on four analysts.
- Net annualized charge-offs to average loans: 0.1% versus the three-analyst average estimate of 0.1%.
- Total Non-Interest Income: $27.80 million compared to the $31.91 million average estimate based on four analysts.
- Net Interest Income: $280.10 million versus $272 million estimated by four analysts on average.
View all Key Company Metrics for Axos Financial here>>>Shares of Axos Financial have returned +2.3% over the past month versus the Zacks S&P 500 composite's +0.8% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.