For the quarter ended December 2025, Axis Capital (AXS) reported revenue of $1.72 billion, up 8.9% over the same period last year. EPS came in at $3.25, compared to $2.97 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $1.64 billion, representing a surprise of +5.16%. The company delivered an EPS surprise of +9.43%, with the consensus EPS estimate being $2.97.
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.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
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:
- Combined Ratio - Total: 90.4% versus the two-analyst average estimate of 91.3%.
- Combined Ratio - Insurance: 86.5% compared to the 94.4% average estimate based on two analysts.
- Combined Ratio - Reinsurance: 93.9% compared to the 103.1% average estimate based on two analysts.
- Net loss and loss expense ratio - Total: 56.2% versus the two-analyst average estimate of 59.9%.
- Net loss and loss expense ratio - Insurance: 53.1% compared to the 63.5% average estimate based on two analysts.
- General and Administrative Expense Ratio - Reinsurance: 4.7% compared to the 3.6% average estimate based on two analysts.
- Acquisition Cost Ratio - Total: 20.3% versus 18.6% estimated by two analysts on average.
- Net premiums earned: $1.53 billion versus $1.43 billion estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +11% change.
- Net Premiums Earned- Insurance Segment: $1.16 billion compared to the $1.06 billion average estimate based on two analysts. The reported number represents a change of +13.3% year over year.
- Other insurance related income (loss): $4.38 million compared to the $6.05 million average estimate based on two analysts. The reported number represents a change of -37.5% year over year.
- Net investment income: $186.99 million compared to the $197.85 million average estimate based on two analysts. The reported number represents a change of -4.5% year over year.
- Net Premiums Earned- Reinsurance Segment: $365.65 million versus the two-analyst average estimate of $375.41 million. The reported number represents a year-over-year change of +4.2%.
View all Key Company Metrics for Axis Capital here>>>
Shares of Axis Capital have returned -5.8% over the past month versus the Zacks S&P 500 composite's +0.8% 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.
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Axis Capital Holdings Limited (AXS): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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