Why Axis Capital (AXS) is Poised to Beat Earnings Estimates Again

Core Insights - Axis Capital has consistently beaten earnings estimates, with an average surprise of 15.45% over the last two quarters [1][2] - The company reported earnings of $2.64 per share for the most recent quarter, missing the expectation of $3.17 per share by 20.08% [2] - For the previous quarter, Axis Capital exceeded the consensus estimate of $2.68 per share by reporting $2.97 per share, resulting in a surprise of 10.82% [2] Earnings Estimates and Predictions - Recent estimates for Axis Capital have been increasing, indicating a positive outlook for future earnings [5] - The Zacks Earnings ESP for Axis Capital is currently +0.52%, suggesting analysts are optimistic about the company's near-term earnings potential [8] - Stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have a nearly 70% chance of producing a positive surprise [6] Earnings Release Information - The next earnings report for Axis Capital is expected to be released on July 29, 2025 [8] - The Earnings ESP metric is crucial for predicting earnings surprises, as it compares the Most Accurate Estimate to the Zacks Consensus Estimate [7][9] - A negative Earnings ESP does not necessarily indicate an earnings miss, but it reduces predictive power [9]