Investing.com - Axis Auto Finance reported on Thursday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Axis Auto Finance announced earnings per share of C$-0.027 on revenue of C$10.26M. Analysts polled by Investing.com anticipated EPS of C$0.01 on revenue of C$10.50M.
Axis Auto Finance shares are down 1.85% from the beginning of the year and are trading at C$0.53 , down-from-52-week-high.
Axis Auto Finance shares lost 1.85% in intra-day trade the report.
Axis Auto Finance follows other major Financial sector earnings this month
Axis Auto Finance's report follows an earnings beat by Toronto Dominion Bank on Thursday, August 25, 2022, who reported EPS of C$2.09 on revenue of C$11.6B, compared to forecasts EPS of C$2.04 on revenue of C$10.88B.
Bank of Montreal had missed expectations on Tuesday, August 30, 2022 with third quarter EPS of C$3.09 on revenue of C$6.63B, compared to forecast for EPS of C$3.14 on revenue of C$6.82B.
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