Orix Corp Reports Results For The Quarter Ended September 30: Earnings Summary

Orix

08/11/2024 16:23

* ORIX Corp  8591.T  reported quarterly adjusted earnings of
JPY84.02​​ per share for the quarter ended September 30, higher
than the same quarter last year, when the company reported EPS
of JPY56.05.  The lone analyst forecast for the quarter was
for earnings of $72.90 per share. 
    * Revenue rose 1.9% to $695.49 billion from a year ago;
analysts
expected JPY743.25 billion. 
    * ORIX Corp's reported EPS for the quarter was $84.02​.
    * The company reported quarterly net income of $96.21
billion.
    * ORIX Corp shares had risen by 2.1% this quarter and
gained 27.5%
so far this year.

FORECAST CHANGES
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the consumer
lending
peer group is also "buy"

Wall Street's median 12-month price target for ORIX Corp is
JPY4,090.00 
This summary was machine generated from LSEG data November 8 at
04:23 p.m. UTC. ​All figures in yen unless otherwise stated.
(For questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2024      72.90          84.02          Beat
                                  1.10 hundred   
 Dec. 31 2023      80.11          78.76          Missed