Axos Financial (AX) Tops Q1 EPS by 1c

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Go back to Axos Financial (AX) Tops Q1 EPS by 1c

Axos Financial, Inc. Reports First Quarter 2020 Results

October 29, 2019 4:05 PM EDT

Diluted Earnings Per Share Increased 14%

SAN DIEGO--(BUSINESS WIRE)-- Axos Financial, Inc. (NYSE: AX) (Axos), parent company of Axos Bank (the Bank), today announced financial results for the first fiscal quarter ended September 30, 2019. Net income was $40.8 million, an increase of 10.7% from $36.8 million for the quarter ended September 30, 2018. Earnings attributable to Axos common stockholders were $40.7 million or $0.66 per diluted share for the first quarter of fiscal 2020, an increase of 10.7% from $36.8 million or $0.58 per diluted share for the first quarter ended September 30, 2018.

Adjusted earnings and adjusted earnings per diluted common share (adjusted EPS), non-GAAP... More