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AXIS Capital Q2 2023 Earnings Report

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$90.03 +2.42 (+2.76%)
(As of 12/20/2024 05:31 PM ET)

AXIS Capital EPS Results

Actual EPS
$2.23
Consensus EPS
$1.77
Beat/Miss
Beat by +$0.46
One Year Ago EPS
$1.74

AXIS Capital Revenue Results

Actual Revenue
$1.45 billion
Expected Revenue
$1.39 billion
Beat/Miss
Beat by +$55.57 million
YoY Revenue Growth
+9.80%

AXIS Capital Announcement Details

Quarter
Q2 2023
Time
After Market Closes

Conference Call Resources

Conference Call Audio

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AXIS Capital Earnings Headlines

WARNING: “Buffett Indicator” flashing for first time in 50 years
Warren Buffett has sold a staggering $97 billion worth of stocks this year... But why? Our research indicates the Oracle of Omaha is quietly preparing for a historic market crash. His most reliable crash indicator - the "Buffett indicator" - just flashed red for the first time in 25 years.
Bank of America Securities Sticks to Their Buy Rating for Axis Capital (AXS)
TD Cowen Reaffirms Their Buy Rating on Axis Capital (AXS)
Roth MKM Remains a Buy on Axis Capital (AXS)
See More AXIS Capital Headlines
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About AXIS Capital

AXIS Capital (NYSE:AXS), through its subsidiaries, provides various specialty insurance and reinsurance products in Bermuda, the United States, and internationally. It operates through two segments, Insurance and Reinsurance. The Insurance segment offers professional insurance products that cover directors' and officers' liability, errors and omissions, employment practices, fiduciary, crime, professional indemnity, medical malpractice, and other financial insurance related coverages for commercial enterprises, financial institutions, not-for-profit organizations, and other professional service providers; and property insurance products for commercial buildings, residential premises, construction projects, property in transit, onshore renewable energy installations, and physical damage and business interruption following an act of terrorism. This segment also provides marine and aviation insurance services for offshore energy, renewable offshore energy, cargo, liability, including kidnap and ransom, fine art, specie, and hull war, hull and liability, and specific war coverage for passenger airlines, cargo operations, general aviation operations, airports, aviation authorities, security firms, and product manufacturers; personal accident, travel insurance, specialty health products for employer and affinity groups, and pet insurance products; and liability, cyber, and credit and political risk insurance services. The Reinsurance segment offers agriculture, marine and aviation, catastrophe, accidental and health, credit and surety, motor, professional, travel, life, engineering, property, and liability reinsurance products. AXIS Capital Holdings Limited was founded in 2001 and is headquartered in Pembroke, Bermuda.

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