Investing.com - Orix 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 and are trading at ¥88.04 , down-from-52-week-high.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 Friday, January 15, 2021, 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 Thursday, January 28, 2021 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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