Investors Are Eagerly Anticipating AXIS Capital Holdings Limited ($AXS) Q3 2024 Earnings Report

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Don't miss out on Wednesday 30th October 2024, when AXIS Capital Holdings Limited (NYSE: AXS) will disclose its third quarter financial results after market close. Investors will have the chance to learn more about the company's performance during the quarter.

Financial analysts on Wall Street are predicting that the establishment is about to reveal an estimated $2.55 profit per share for the quarter. Additionally, the company is projected to announce a total revenue of $1.36 billion for this period.

The company's earnings report for the corresponding quarter of the previous year showcased a per-share income of $2.34. This notable figure was achieved due to the company's impressive total revenue of $1.43 billion recorded during that specific period.

Wall street experts have shared their forecasts for the company's annual performance, indicating that they predict the company will achieve a total revenue of $5.84 billion. Additionally, they are expecting the earnings per share for the company to hit profit of $10.68 during the fiscal year.

Period EPS
Actual
EPS
Growth*
Revenue
Actual
Revenue
Growth*
Historical Earnings Insight
Q2 2024 $2.93 +31.4% 1.45 B +4.9%
Q1 2024 $2.57 +10.3% 1.43 B +6.0%
Q4 2023 $2.94 +50.8% 1.48 B +2.3%
Q3 2023 $2.34 +7,700.0% 1.43 B +16.8%
Q2 2023 $2.23 +28.2% 1.38 B +15.5%
*Growth on year-over-year basis

 

The business has scheduled a conference call on 31st October 2024 at 09:00 AM eastern time to discuss Q3 financial results.

During Monday's trading, AXIS Capital Holdings Limited (AXS) shares reached a low of $80.07 and a high of $81.27, along with a total volume of 784.70 thousand shares. The stock ended the regular trading session at $80.76, indicating an increase of 1.28 percent.