Investing.com - Orix (NYSE:IX) reported on Monday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Orix announced earnings per share of ¥1.85 on revenue of ¥5.51B. Analysts polled by Investing.com anticipated EPS of ¥1.97 on revenue of ¥4.97B.
Orix shares are up 13.85% from the beginning of the year, still down 1.31% from its 52 week high of ¥89.21 set on February 11, 2020. They are outperforming 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 January 15, who reported EPS of ¥3.79 on revenue of ¥30.16B, compared to forecasts EPS of ¥2.62 on revenue of ¥28.67B.
Mastercard had beat expectations on January 28 with fourth quarter EPS of ¥1.64 on revenue of ¥4.12B, compared to forecast for EPS of ¥1.52 on revenue of ¥4B.
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