Axon (AXON) Q2 Earnings Preview: What You Should Know Beyond the Headline Estimates

Core Insights - Wall Street analysts forecast Axon Enterprise (AXON) to report quarterly earnings of $1.54 per share, reflecting a year-over-year increase of 28.3, with revenues expected to reach $642.98 million, a 27.6% increase compared to the previous year [1] - The consensus EPS estimate has been revised upward by 12% in the past 30 days, indicating a reassessment of initial estimates by covering analysts [2] - Analysts predict 'Net Sales- Products' will reach $364.23 million, showing a year-over-year change of +23.4% [4] - 'Net Sales- Services' is projected to be $282.58 million, indicating a +35.3% change from the year-ago quarter [5] - The combined estimate for 'Annual recurring revenue' is expected to be $1,148.53 million, compared to $850.00 million from the previous year [5] - Axon shares have decreased by 6% in the past month, while the Zacks S&P 500 composite has increased by 3.4%, with a Zacks Rank 2 (Buy) suggesting expected outperformance in the near term [5]