Investing.com - Orix (NYSE:IX) reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Orix announced earnings per share of ¥2.96 on revenue of ¥5.55B. Analysts polled by Investing.com anticipated EPS of ¥2.27 on revenue of ¥5.43B.
Orix shares are up 33% from the beginning of the year, still down 0.29% from its 52 week high of ¥102.47 set on November 3. They are outperforming the Nasdaq which is up 22.68% 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 ¥3.74 on revenue of ¥30.44B, compared to forecasts EPS of ¥3 on revenue of ¥29.79B.
UnitedHealth had beat expectations on October 14 with third quarter EPS of ¥4.52 on revenue of ¥72.34B, compared to forecast for EPS of ¥4.42 on revenue of ¥71.38B.
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