- Tools for Investors
- Stock News
- Investing Ideas
- Econ & Policy
- Personal Finance
Axis Capital Holdings Limited (NYSE:AXS) will unveil its latest earnings tomorrow, Monday, February 4, 2013. Axis Capital Holdings, through its subsidiaries, provides a range of insurance and reinsurance products to insureds and reinsureds worldwide operations with main locations in Bermuda, the United States, and Europe.
Axis Capital Holdings Limited Earnings Preview Cheat Sheet
Wall St. Earnings Expectations: The average estimate of analysts is for net loss of $1.16 per share, a swing from net income of 53 cents in the year-earlier quarter. During the past three months, the average estimate has moved down from $1. Between one and three months ago, the average estimate moved down. It has risen from a loss of $1.19 during the last month. Analysts are projecting profit of $2.47 per share versus a loss of $1.26 last year.
Past Earnings Performance: The company beat estimates last quarter after falling short in the prior two. In the third quarter, the company reported net income of $1.63 per share versus a mean estimate of profit of $1.01 per share. In the second quarter, the company missed estimates by 3 cents.
Start 2013 better than ever by saving time and making money with your Limited Time Offer for our highly-acclaimed Stock Picker Newsletter. Click here for our fresh Feature Stock Pick now!
A Look Back: In the third quarter, profit rose 4.9% to $232.1 million ($1.82 a share) from $221.3 million ($1.66 a share) the year earlier, exceeding analyst expectations. Revenue rose 7.4% to $1.02 billion from $948.1 million.
Here’s how Axis Capital Holdings Limited traded following its last earnings report 3 months ago and leading up to its upcoming earnings report this week:
Don't miss one of the biggest bull markets in history! Covers Gold, Silver, Gold & Silver stocks, and miners.
There's always a bull market in some sector! Find the best opportunities in commodities.