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                                    Why did AXS's Q2 earnings fall short of expectations?
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                                        4/6/2025 05:14pm
                                    </span></div></div></div> <div class="seo-text-answer" data-v-0eba195e="">AXS's Q2 earnings fell short of expectations due to higher catastrophe losses, which were partially offset by quicker premium growth.</div> <div class="dialog_answer" data-v-0eba195e=""><div class="dialog_content" data-v-0eba195e=""><div class="answer_content" data-v-0eba195e=""></div></div></div></div></div> </div></div></div> </div> <div class="extra-module" data-v-261d488f=""><img src="//cdn.ainvest.com/frontResources/s/iwc-aime-seo/img/recommend-logo.4f9ccc8.png" alt="right-logo" fetchpriority="high" class="recommend-logo-img" data-v-261d488f=""> <div class="recommend-part" data-v-7790c618="" data-v-261d488f=""><div class="recommend-query-card" data-v-8359219a="" data-v-7790c618=""><div class="title" data-v-8359219a=""><img src="//cdn.ainvest.com/frontResources/s/iwc-aime-seo/img/screener-recommend-icon.b007ca8.svg" alt="icon" data-v-8359219a=""> <span data-v-8359219a="">Aime finds your next big stock</span></div> </div> <div class="recommend-query-card" data-v-8359219a="" data-v-7790c618=""><div class="title" data-v-8359219a=""><img src="//cdn.ainvest.com/frontResources/s/iwc-aime-seo/img/stock-recommend-icon.77f1c78.svg" alt="icon" data-v-8359219a=""> <span data-v-8359219a="">Aime powers your decisions</span></div> </div></div> </div> <div class="container-mask" style="display:none;"></div></div></div></div><script>window.__NUXT__=(function(a,b,c,d,e,f,g,h,i,j,k,l,m,n,o,p,q,r,s,t,u,v,w,x,y,z,A,B,C,D,E,F,G,H,I,J,K,L,M,N,O,P,Q,R,S,T,U,V,W,X,Y,Z,_,$,aa,ab,ac,ad,ae,af,ag,ah,ai,aj,ak,al,am){return {layout:"default",data:[{noData:c,currentQuestion:d,textDescription:E,comeFrom:"AInvestShareLink",events:[],answerSource:l}],fetch:{},error:m,state:{sharePreviewModule:{loadJgySuccess:f,dialogRenderList:[{originAnswer:{input_media_info:[],session_round:1,agent_id:a,output_media_info:[],task_id:a,language:a,source:l,cache_builder:a,reply_action:"Answer",execute_mode:u,event_refresh_answer:a,param:"{\"entity_info\":{},\"add_info\":{\"ori_question\":\"Why did AXS's Q2 earnings fall short of expectations?\"},\"event_list\":[],\"client_ip\":\"\",\"question\":\"Why did AXS's Q2 earnings fall short of expectations?\",\"user_id\":\"dp96695794\",\"user_name\":\"\",\"trace_id\":\"ad8453b6-1a40-471c-b86f-e884e6a3afd4\",\"session_id\":\"ad8453b6-1a40-471c-b86f-e884e6a3afd4\",\"source\":\"ths_ainvest_lite_web\",\"input_type\":\"typewrite\"}",agent_info:[{info_type:"search",raw_data:{number:F,title:G,summary:H,full_summary:"On Tuesday, Keefe, Bruyette & Woods analyst Meyer Shields adjusted the price target for AXIS Capital shares, listed on the New York Stock Exchange (NYSE:AXS), to $120 from the previous $118, while reiterating an Outperform rating on the stock. During recent investor meetings with AXIS Capital’s CEO Vince Tizzio, CFO Pete Vogt, and IR\u002FCorporate Development head Cliff Gallant, Shields gained further confidence in the company’s potential for consistent, profitable specialty property and casualty (P&C) premium growth. The meetings also highlighted the company’s focus on improving its expense ratio, generating low-volatility earnings, and deploying capital intelligently. These factors are expected to contribute to the stock’s multiple expansion over the next year and beyond. Despite the optimism, Shields revised the estimated earnings per share (EPS) for 2025 downward to $11.05 from $11.45. This adjustment was primarily due to anticipated higher catastrophe losses in the first quarter of 2025, which are slightly balanced by quicker premium growth. Conversely, the estimated EPS for 2026 was increased to $12.65 from $12.45, reflecting the rapid premium growth that is anticipated to partly counterbalance the higher catastrophe losses. The new price target of $120 is based on 9.5 times the projected 2026 earnings per share. Shields’ maintained Outperform rating implies that he expects AXIS Capital’s stock performance to be strong relative to the market or its industry peers over the next 12 months. The analyst’s comments and the updated price target reflect a positive outlook on the company’s strategic initiatives and financial prospects. In other recent news, Axis Capital Holdings Limited reported significant developments impacting its financial landscape. The company has extended its $300 million secured letter of credit facility with Citibank Europe plc until March 31, 2027, maintaining the original terms. 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I should focus on earnings, earnings surprise, analyst opinions, and factors contributing to earnings. I will use FinQuery for earnings, earnings surprise, and analyst opinions; use Search for factors contributing to earnings.","signal",2001,"rich_text",".","39196","\u002F\u002Fcdn.ainvest.com\u002FfrontResources\u002Fs\u002Ffoiegras\u002FrecommendList\u002F1.12.0\u002FrecommendList@1.12.0index.js","AXS's Q2 earnings fell short of expectations due to higher catastrophe losses, which were partially offset by quicker premium growth.",9,"Keefe raises AXIS Capital stock target to $120, keeps Outperform","On Tuesday, Keefe, Bruyette & Woods analyst Meyer Shields adjusted the price target for AXIS Capital shares, listed on the New York Stock Exchange (NYSE:AXS), to $120 from the previous $118, while reiterating an Outperform rating on the stock. 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