Axis Capital Swings to Q4 Adjusted Earnings, Revenue Decreases

MT Newswires Live

01/30

Axis Capital (AXS) reported Q4 adjusted earnings late Wednesday of $2.97 per diluted share, compared with a loss of $1.25 a year earlier.

Analysts polled by FactSet expected earnings of $2.57.

Revenue in the three months ended Dec. 31 fell to $1.47 billion from $1.48 billion a year earlier.

Four analysts polled by FactSet expected $1.5 billion.

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