Countdown to Axos Financial (AX) Q2 Earnings: A Look at Estimates Beyond Revenue and EPS

Core Viewpoint - Analysts expect Axos Financial to report quarterly earnings of $1.76 per share, reflecting a 10% year-over-year increase, while revenues are projected to decline by 14.1% to $303.03 million [1] Earnings Projections - The consensus EPS estimate has remained unchanged over the past 30 days, indicating analysts' reassessment of their initial projections [1][2] - Revisions to earnings projections are crucial for predicting investor behavior and stock price performance [2] Key Metrics Estimates - Analysts predict a 'Net Interest Margin' of 4.7%, up from 4.6% in the same quarter last year [4] - The 'Efficiency ratio' is expected to reach 48.4%, significantly higher than the previous year's 34.5% [4] - 'Average Interest-Earning Assets' are projected to be $22.93 billion, compared to $20.12 billion a year ago [4] Non-Performing Loans and Income - Estimated 'Total Non-performing loans' are $178.64 million, up from $122.51 million year-over-year [5] - 'Total Non-performing Assets' are expected to be $196.90 million, compared to $129.83 million last year [5] - 'Net Interest Income' is projected at $272.00 million, an increase from $228.61 million in the same quarter last year [5] Non-Interest Income - 'Total Non-Interest Income' is estimated at $31.91 million, slightly up from $31.73 million a year ago [6] - 'Banking and service fees' are projected to be $9.71 million, down from $10.06 million in the same quarter last year [6] Stock Performance - Over the past month, Axos Financial shares have decreased by 1.6%, while the Zacks S&P 500 composite has increased by 2.7% [6] - Axos Financial holds a Zacks Rank 3 (Hold), suggesting its performance will likely align with the overall market [6]