ORIX (IX) Set to Announce Quarterly Earnings on Friday

ORIX (NYSE:IX) is set to issue its quarterly earnings data before the market opens on Friday, November 8th. Analysts expect the company to announce earnings of $2.50 per share for the quarter. Parties that wish to listen to the company’s conference call can do so using this link.

ORIX (NYSE:IX) last announced its quarterly earnings results on Monday, August 5th. The real estate investment trust reported $2.41 earnings per share for the quarter. ORIX had a net margin of 13.01% and a return on equity of 9.29%. The business had revenue of $4.54 billion during the quarter. On average, analysts expect ORIX to post $12 EPS for the current fiscal year and $13 EPS for the next fiscal year.

ORIX Stock Up 2.0 %

Shares of NYSE IX opened at $108.95 on Wednesday. The company has a current ratio of 1.81, a quick ratio of 1.77 and a debt-to-equity ratio of 1.38. ORIX has a 12 month low of $86.05 and a 12 month high of $125.84. The firm has a market capitalization of $25.30 billion, a PE ratio of 10.16, a price-to-earnings-growth ratio of 0.88 and a beta of 0.91. The firm has a fifty day simple moving average of $115.09 and a two-hundred day simple moving average of $112.53.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered shares of ORIX from a “buy” rating to a “hold” rating in a report on Wednesday, August 7th.

ORIX Company Profile

ORIX Corporation provides diversified financial services in Japan, the United States, Asia, Europe, Australasia, and the Middle East. The company's Corporate Financial Services and Maintenance Leasing segment is involved in the finance and fee; leasing and rental of automobiles, electronic measuring instruments, and ICT-related equipment businesses; and provision of life insurance and environment and energy-related products and services.