Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:Axos Financial (AX) : This company which provides financing for single and multifamily residential properties, small-to-medium size businesses in target sectors and selected specialty finance receivables, has seen the Zacks Consensus Estimate for its current year earnings increasing 27.6% over the last 60 days.Li Auto (LI) : This company which designs, develops, manufactures, and sells premium smart electric SUVs, has seen the Zacks Con ...

Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:Nissan Motor Co., Ltd. (NSANY) : This automobile company has seen the Zacks Consensus Estimate for its current year earnings increasing 9.9% over the last 60 days.Toll Brothers, Inc. (TOL) : This luxury home builder company has seen the Zacks Consensus Estimate for its current year earnings increasing 11% over the last 60 days.Axos Financial, Inc. (AX) : This company which provides consumer and business banking products has seen the Zac ...

Axos Financial, Inc. (AX) announced an additional share repurchase program. Per the plan, the company is authorized to buy back up to $100 million worth of shares. There is no specific start or end date for the newly announced plan.This new share buyback plan supplements the existing repurchase program, which was approved on Apr 26, 2023. As part of the existing plan, it has almost $20 million worth of authorization remaining. AX repurchased $83.2 million worth of shares during the first half of fiscal 2024 ...

LAS VEGAS--(BUSINESS WIRE)--Axos Financial, Inc. (NYSE: AX) (“Axos” or the “Company”) today announced that its Board of Directors authorized a program to repurchase up to $100 million of its common stock. This new share repurchase authorization is in addition to the existing share repurchase plan approved on April 26, 2023, which has approximately $20 million remaining. The Company may repurchase shares on the open market or through privately negotiated transactions at times and prices considered appropria ...

SAN DIEGO--(BUSINESS WIRE)--Axos Bank, the nationwide bank subsidiary of Axos Financial, Inc. (NYSE: AX), was named in Forbes Advisor’s “Best Business Checking Accounts of February 2024.” Axos ranked in the top banks for Best QuickBooks Compatibility. Forbes Advisor compared 50 checking accounts at 20 banks and credit unions to find the best business checking accounts available. Forbes Advisor also focused on checking accounts that are nationally available to small businesses. “While other banks charge f ...

No matter if it is a start-up or a well-known company, earnings growth is the main priority for any organization. This is because if the company doesn’t make money, it won’t last long.So, what is earnings growth? Study a company’s revenues over a given period, subtract the production cost, and you have earnings. By the way, this is also considered the most important variable influencing share price. But, expectations of earnings play a noteworthy role.Earnings Estimates & Share Price MovementsFrequently, we ...

Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:United States Cellular Corporation (USM) : This company which provides wireless telecommunications services has seen the Zacks Consensus Estimate for its current year earnings increasing 6.7% over the last 60 days.The Bank of New York Mellon Corporation (BK) : This company which provides financial products and services has seen the Zacks Consensus Estimate for its current year earnings increasing 3.8% over the last 60 days.Coca-Cola FEM ...

Start Time: 17:00 January 1, 0000 5:39 PM ET Axos Financial, Inc. (NYSE:AX) Q2 2024 Earnings Conference Call January 30, 2024, 17:00 PM ET Company Participants Greg Garrabrants - President and CEO Derrick Walsh - EVP and CFO Johnny Lai - SVP, Corporate Development and IR Conference Call Participants Andrew Liesch - Piper Sandler Edward Hemmelgarn - Shaker Investments Gary Tenner - D.A. Davidson Operator Greetings, and welcome to the Axos Financial, Inc. Q2 2024 Earnings Call and Webcast. At this time, all p ...

Axos Q2 Fiscal 2024 Earnings Supplement January 30, 2024 NYSE: AX Loan Growth by Category for Second Quarter Ended December 31, 2023 $ Millions Q2 FY24 Q1 FY24 Inc (Dec) Single Family Jumbo Mortgage $ 3,993 $ 4,019 $ (26) Mortgage & Warehouse SF Warehouse Lending 99 295 (196) Multifamily & Multifamily 2,708 2,130 578 Commercial Mortgage* Small Balance Commercial 1,357 832 525 ...

For the quarter ended December 2023, Axos Financial (AX) reported revenue of $352.74 million, up 54.6% over the same period last year. EPS came in at $1.60, compared to $1.38 in the year-ago quarter.The reported revenue represents a surprise of +42.77% over the Zacks Consensus Estimate of $247.07 million. With the consensus EPS estimate being $1.39, the EPS surprise was +15.11%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall St ...