Investing.com - Orix (NYSE:IX) reported on Monday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Orix announced earnings per share of ¥1.68 on revenue of ¥5.22B. Analysts polled by Investing.com anticipated EPS of ¥1.82 on revenue of ¥4.98B.
Orix shares are down 25.98% from the beginning of the year, still down 30.79% from its 52 week high of ¥89.21 set on February 11. They are under-performing the EUR/USD which is down 0% from the start of the year.
Orix follows other major Financial sector earnings this month
Orix's report follows an earnings beat by JPMorgan on October 13, who reported EPS of ¥2.92 on revenue of ¥29.94B, compared to forecasts EPS of ¥2.23 on revenue of ¥28.22B.
UnitedHealth had beat expectations on October 14 with third quarter EPS of ¥3.51 on revenue of ¥65.12B, compared to forecast for EPS of ¥3.11 on revenue of ¥63.79B.
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