AXIS Capital (AXS) Q4 Earnings and Revenues Top Estimates
AXIS Capital(AXS) Zacks Investment Research·2024-02-02 02:46
AXIS Capital Holdings Limited (AXS) posted fourth-quarter 2023 operating income of $2.94 per share, in contrast to the Zacks Consensus Estimate of a loss of $1.25. The bottom line increased 50.8% year over year.The insurer’s results reflected higher premiums written, net investment income and increased underwriting income.Quarterly Operational Update Total operating revenues of $1.5 billion beat the Zacks Consensus Estimate by 2.7%. The top line however declined 2.1% year over year on lower premiums earned. ...