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Axos Financial (AX) Stock Slips After Q1 Results Despite Strong Profit
Axos Financial stock slipped 2.3% to US$90.45 heading into the weekend, even as fresh Q1 2027 numbers landed solidly in the black. The bank posted basic earnings per share of US$2.28 on total revenue of US$370.6m, with net income at US$129.6m for the quarter ended 30 September 2026. In the short term, traders focused on the red on the screen. Over a multi year lens, investors are weighing those earnings against a low double digit P/E and a business still generating a net profit margin in the...
Axos Financial stock slipped 2.3% to US$90.45 heading into the weekend, even as fresh Q1 2027 numbers landed solidly in the black. The bank posted basic earnings per share of US$2.28 on total revenue of US$370.6m, with net income at US$129.6m for the quarter ended 30 September 2026. In the short term, traders focused on the red on the screen. Over a multi year lens, investors are weighing those earnings against a low double digit P/E and a business still generating a net profit margin in the...
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