Skip to main content

Axos Financial: Fiscal Q3 Earnings Snapshot

LAS VEGAS (AP) — LAS VEGAS (AP) — Axos Financial (AX) on Thursday reported fiscal third-quarter net income of $124.7 million.

The Las Vegas-based company said it had net income of $2.15 per share. Earnings, adjusted for one-time gains and costs, were $1.90 per share.

The results missed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $2.13 per share.

The bank holding company posted revenue of $564.2 million in the period. Its adjusted revenue was $392.2 million, which topped Street forecasts. Four analysts surveyed by Zacks expected $368.1 million.

Axos Financial shares have climbed 12% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $96.44, a rise of 52% in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AX at https://www.zacks.com/ap/AX

One Tech Tip: What to know about flying with lithium ion portable battery chargers

Jetting off soon for summer travels? If you're planning on bringing an extra battery charger for your phone or other devices, be aware of the latest rules when taking one on a flight. Rechargeable lithium-ion portable battery chargers, also known as power banks, come in protective enclosures of various shapes and sizes. They're a handy and popular way for getting more juice when you're on the move. But after a spate of smoke or fire incidents, U.S. and international aviation authorities have issued new guidelines and airlines have tightened up rules for passengers. Here's a guide on flying with power banks.
Read Next Story

Related News

Knicks take 1-0 lead into game 2 against the Spurs

Beijing bans 4 New Zealand lawmakers from entering China because they visited Taiwan

Police warn families of Tiananmen crackdown dead not to visit graves on 37th anniversary