ORIX (IX) Scheduled to Post Quarterly Earnings on Friday

ORIX (NYSE:IX) will 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 are interested in registering for the company’s conference call can do so using this link.

ORIX (NYSE:IX) last posted its quarterly earnings results on Monday, August 5th. The real estate investment trust reported $2.41 earnings per share for the quarter. The firm had revenue of $4.54 billion for the quarter. ORIX had a return on equity of 9.29% and a net margin of 13.01%. On average, analysts expect ORIX to post $11 EPS for the current fiscal year and $12 EPS for the next fiscal year.

ORIX Stock Down 0.2 %

IX opened at $106.23 on Friday. The business’s fifty day moving average is $116.05 and its two-hundred day moving average is $112.29. The company has a debt-to-equity ratio of 1.38, a quick ratio of 1.77 and a current ratio of 1.81. The company has a market cap of $24.67 billion, a price-to-earnings ratio of 9.91, a PEG ratio of 0.91 and a beta of 0.90. ORIX has a one year low of $86.05 and a one year high of $125.84.

Analyst Ratings Changes

Separately, StockNews.com downgraded ORIX from a “buy” rating to a “hold” rating in a research 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.