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Here's What Key Metrics Tell Us About Axis Capital (AXS) Q3 Earnings
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For the quarter ended September 2026, Axis Capital (AXS - Free Report) reported revenue of $1.84 billion, up 11.8% over the same period last year. EPS came in at $3.12, compared to $3.25 in the year-ago quarter.
The reported revenue represents a surprise of +6.81% over the Zacks Consensus Estimate of $1.72 billion. With the consensus EPS estimate being $2.97, the EPS surprise was +5.05%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Axis Capital performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
General and Administrative Expense Ratio - Total: 10% versus 11.4% estimated by two analysts on average.
Net loss and loss expense ratio - Total: 60.7% compared to the 61.7% average estimate based on two analysts.
Combined Ratio - Total: 94% versus 93.4% estimated by two analysts on average.
Acquisition Cost Ratio - Insurance: 22.6% versus 19.4% estimated by two analysts on average.
General and Administrative Expense Ratio - Insurance: 10.4% compared to the 10.9% average estimate based on two analysts.
Combined Ratio - Reinsurance: 92.4% versus the two-analyst average estimate of 99.4%.
General and Administrative Expense Ratio - Reinsurance: 3% versus the two-analyst average estimate of 3.4%.
Net premiums earned: $1.62 billion compared to the $1.51 billion average estimate based on two analysts. The reported number represents a change of +11.5% year over year.
Net Premiums Earned- Insurance Segment: $1.3 billion compared to the $1.18 billion average estimate based on two analysts. The reported number represents a change of +19.8% year over year.
Other insurance related income (loss): $5.74 million compared to the $5.55 million average estimate based on two analysts. The reported number represents a change of -13% year over year.
Net investment income: $211.37 million versus $201.51 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +14.3% change.
Net Premiums Earned- Reinsurance Segment: $319.15 million versus $328.26 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -12.9% change.
Shares of Axis Capital have returned +7.4% over the past month versus the Zacks S&P 500 composite's -0.2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
View the Zacks #1 Rank List
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Here's What Key Metrics Tell Us About Axis Capital (AXS) Q3 Earnings
For the quarter ended September 2026, Axis Capital (AXS - Free Report) reported revenue of $1.84 billion, up 11.8% over the same period last year. EPS came in at $3.12, compared to $3.25 in the year-ago quarter.
The reported revenue represents a surprise of +6.81% over the Zacks Consensus Estimate of $1.72 billion. With the consensus EPS estimate being $2.97, the EPS surprise was +5.05%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Axis Capital performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:View all Key Company Metrics for Axis Capital here>>>
Shares of Axis Capital have returned +7.4% over the past month versus the Zacks S&P 500 composite's -0.2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.