ORIX (IX) Scheduled to Post Quarterly Earnings on Friday

ORIX (NYSE:IX) is scheduled to post its quarterly earnings results before the market opens on Friday, November 8th. Analysts expect ORIX to post earnings of $2.50 per share for the quarter. Individual interested in listening to the company’s earnings conference call can do so using this link.

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

ORIX Trading Down 0.1 %

Shares of IX opened at $108.95 on Thursday. The firm has a market cap of $25.30 billion, a price-to-earnings ratio of 10.16, a PEG ratio of 0.88 and a beta of 0.91. The company has a debt-to-equity ratio of 1.38, a quick ratio of 1.77 and a current ratio of 1.81. ORIX has a fifty-two week low of $86.05 and a fifty-two week high of $125.84. The firm has a 50 day moving average price of $114.82 and a 200-day moving average price of $112.51.

Analysts Set New Price Targets

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

About ORIX

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.