Earnings Estimates Moving Higher for Axis Capital (AXS): Time to Buy?
AXIS Capital(AXS) Zacks Investment Research·2024-02-08 02:21
Axis Capital (AXS) could be a solid choice for investors given the company's remarkably improving earnings outlook. While the stock has been a strong performer lately, this trend might continue since analysts are still raising their earnings estimates for the company.Analysts' growing optimism on the earnings prospects of this insurance company is driving estimates higher, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estim ...