Axis Capital Holdings Ltd (AXS, Financial) is set to release its Q3 2024 earnings on Oct 31, 2024. The consensus estimate for Q3 2024 revenue is $1.36 billion, and the earnings are expected to come in at $2.50 per share. The full year 2024's revenue is expected to be $5.84 billion and the earnings are expected to be $12.28 per share. More detailed estimate data can be found on the Forecast page.
Axis Capital Holdings Ltd (AXS, Financial) Estimates Trends
Over the past 90 days, revenue estimates for Axis Capital Holdings Ltd (AXS) for the full year 2024 have increased from $5.60 billion to $5.84 billion, and for 2025 from $5.99 billion to $6.37 billion. Earnings estimates have also risen, with the full year 2024 increasing from $12.22 per share to $12.28 per share, and for 2025 from $11.19 per share to $11.64 per share.
Axis Capital Holdings Ltd (AXS, Financial) Reported History
In the previous quarter of 2024-06-30, Axis Capital Holdings Ltd's (AXS) actual revenue was $1.57 billion, which beat analysts' revenue expectations of $1.52 billion by 3.23%. Axis Capital Holdings Ltd's (AXS) actual earnings were $2.40 per share, which missed analysts' earnings expectations of $2.63 per share by -8.88%. After releasing the results, Axis Capital Holdings Ltd (AXS) was up by 1.72% in one day.
Axis Capital Holdings Ltd (AXS, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 7 analysts, the average target price for Axis Capital Holdings Ltd (AXS) is $94.71 with a high estimate of $118 and a low estimate of $78. The average target implies an upside of 18.08% from the current price of $80.21.
Based on GuruFocus estimates, the estimated GF Value for Axis Capital Holdings Ltd (AXS, Financial) in one year is $65.39, suggesting a downside of -18.48% from the current price of $80.21.
Based on the consensus recommendation from 9 brokerage firms, Axis Capital Holdings Ltd's (AXS, Financial) average brokerage recommendation is currently 2.2, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
