Core Viewpoint - Axon Enterprise (AXON) is expected to report strong quarterly earnings and revenue growth, with analysts predicting earnings of 567.56 million, reflecting year-over-year increases of 34.8% and 31.3% respectively [1] Earnings Projections - The consensus EPS estimate for the quarter has remained unchanged over the past 30 days, indicating a stable outlook from analysts [1] - Changes in earnings projections are crucial for predicting investor reactions, as empirical studies show a strong correlation between earnings estimate trends and short-term stock price movements [2] Revenue Estimates - Analysts forecast 'Net Sales- Software and Sensors' to reach 217.30 million, indicating a 34.7% increase year over year [4] - 'Net Sales- Services- Software and Sensors' is expected to be 129.70 million, showing a 21% increase from the prior-year quarter [4] Product Sales Estimates - 'Net Sales- Products- TASER' is anticipated to be 14.33 million, reflecting a 41.8% year-over-year change [5] - 'Net Sales- Products' is expected to total 233.19 million, indicating a 34.2% increase from the year-ago quarter [6] - 'Net Sales- Products- TASER- Extended warranties' is estimated at 6.71 million, indicating a significant 50.1% increase from the prior-year quarter [6] Segment Performance - 'Net sales by Product- Software and Sensors segment- Axon Body' is expected to be 940.51 million, up from $697 million reported in the same quarter last year [7] Stock Performance - Shares of Axon have decreased by 2.3% over the past month, contrasting with a 2.6% increase in the Zacks S&P 500 composite [8] - With a Zacks Rank 3 (Hold), AXON is expected to perform in line with the overall market in the near future [8]
What Analyst Projections for Key Metrics Reveal About Axon (AXON) Q4 Earnings