Axos Financial (AX) came out with quarterly earnings of $1.82 per share, beating the Zacks Consensus Estimate of $1.76 per share. This compares to earnings of $1.60 per share a year ago.
Fintech specialist Axos Financial (AX -0.14%) reported mixed fiscal year 2025 second-quarter earnings on Tuesday, Jan. 28. Adjusted earnings per share (EPS) of $1.82 surpassed analyst consensus expectations of $1.75.
Beyond analysts' top -and-bottom-line estimates for Axos Financial (AX), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended December 2024.
Needham highlighted Axos Financial as a top pick for 2025 and added the stock to the firm's Conviction List. Axos is well positioned to thrive in a "higher for longer" interest rate environment, and there could be upside to growth and margins if loan prepayment speeds slow and a steeper yield curve helps unit economics on loans priced on intermediate or long-term benchmarks, the analyst tells investors in a research note. Further, Needham believes Axos could be a fundamental beneficiary of the upcoming administration change. It expects the shares to outperform over the next 12 months and reiterates a Buy rating on the name with an $85 price target.
Axos Financial's strong recent performance, Fed's rate projections, and attractive valuation reinforce my buy rating on the stock. Despite some credit deterioration, Axos' loan portfolio and net interest income show robust growth. Future growth prospects remain positive, supported by expected organic loan growth and general market euphoria that is unlikely to be disrupted soon.
The headline numbers for Axos Financial (AX) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Axos Financial, Inc. (NYSE:AX ) Q1 2025 Earnings Conference Call October 30, 2024 5:00 PM ET Company Participants Johnny Lai - Senior VP, Corporate Development and IR Gregory Garrabrants - President and CEO Derrick Walsh - EVP and CFO Conference Call Participants Kyle Peterson - Needham & Company Andrew Liesch - Piper Sandler Gary Tenner - D. A. Davidson David Feaster - Raymond James Kelly Motta – KBW Edward Hemmelgarn - Shaker Investments Operator Greetings, and welcome to the Axos Financial, Inc. First Quarter 2025 Earnings Call and Webcast [Operator Instructions] As a reminder, this conference is being recorded.
Axos Financial (AX) came out with quarterly earnings of $1.96 per share, beating the Zacks Consensus Estimate of $1.80 per share. This compares to earnings of $1.41 per share a year ago.
Investors need to pay close attention to Axos Financial (AX) stock based on the movements in the options market lately.
Short sellers are market bears that seek to profit from falling stock prices. Some of the more popular short sellers will put out their research reports attempting to expose a target company by implying misconduct or fraud in order to trigger investors to sell their positions.
Axos Financial (AX) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Needham analyst Kyle Peterson initiated coverage on Axos Financial, Inc. AX with a Buy rating and a price target of $82.00.