ORIX (IX) to Release Quarterly Earnings on Friday

ORIX (NYSE:IX - Get Free Report) is set 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 participating in the company's earnings conference call can do so using this link.

ORIX (NYSE:IX - Get Free Report) last announced its earnings results on Monday, August 5th. The real estate investment trust reported $2.41 EPS for the quarter. The business 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 $12 EPS for the current fiscal year and $13 EPS for the next fiscal year.

ORIX Stock Up 0.1 %

Shares of NYSE:IX traded up $0.13 during mid-day trading on Friday, hitting $106.29. 30,406 shares of the company traded hands, compared to its average volume of 17,092. The firm has a market cap of $24.68 billion, a P/E ratio of 9.91, a PEG ratio of 0.88 and a beta of 0.90. 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 52-week low of $86.05 and a 52-week high of $125.84. The firm's 50 day simple moving average is $116.05 and its 200 day simple moving average is $112.29.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded 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.