Axos Financial Inc reports results for the quarter ended June 30 - Earnings Summary

• Axos Financial Inc AX.N reported quarterly adjusted earnings of $1.92​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $1.80. The mean expectation of six analysts for the quarter was for earnings of $1.79 per share. Wall Street expected results to range from $1.74 to $1.89 per share.

• Revenue rose 10.5% to $321.45 million from a year ago; analysts expected $312.29 million.

• Axos Financial Inc's reported EPS for the quarter was $1.92​.

• The company reported quarterly net income of $110.68 million.

• Axos Financial Inc shares had risen by 12.6% this quarter and gained 22.5% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 1.6% in the last three months.​

• In the last 30 days, three analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the banks peer group is also "buy"

This summary was machine generated from LSEG data July 31 at 12:05 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)