Axon Enterprise Inc reports results for the quarter ended in September 30 - Earnings Summary

Axon Enterprise

08/11/2024 04:56

* Axon Enterprise Inc  AXON.OQ  reported quarterly adjusted
earnings of $1.45​​ per share for the quarter ended September
30, higher than the same quarter last year, when the company
reported EPS of $1.02.  The mean expectation of
fourteen analysts for the quarter was for earnings of $1.20 per
share. Wall Street expected results to range from $1.05 
to $1.41 per share.
    * Revenue rose 31.6% to $544.27 million from a year ago;
analysts
expected $525.07 million. 
    * Axon Enterprise Inc's reported EPS for the quarter was 86
cents​.
    * The company reported quarterly net income of $67.03
million.
    * Axon Enterprise Inc shares had risen by 15.0% this
quarter and
gained 77.9% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.7%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 14 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the aerospace &
defense
peer group is also "buy"

Wall Street's median 12-month price target for Axon Enterprise
Inc is $454.00 
This summary was machine generated from LSEG data November 8 at
04:56 a.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2024      1.20           1.45           Beat
 Jun. 30 2024      1.02           1.20           Beat
 Mar. 31 2024      0.94           1.15           Beat
 Dec. 31 2023      0.85           1.12           Beat