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Orix Corp Ads (IX)
NYSE:IX
Holding IX?
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Earnings Data
Report Date
Feb 10, 2025TBA Not Confirmed
Period Ending
2025 (Q3)Consensus EPS Forecast
$2.68Last Year’s EPS
$2.64Same Quarter Last Year
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 08, 2024
|% Change Since: -5.15%
|Next Earnings Date:Feb 10, 2025
Earnings Call Sentiment|Positive
The earnings call demonstrated strong growth in net income and significant achievements in the investment category and insurance segments. However, challenges persist in the environment energy segment and banking and credit sectors, with concerns about non-performing loans. Overall, the outlook appears positive but tempered by certain risks.Company Guidance
During the Q1 2025 earnings call for ORIX Corporation, the company provided detailed guidance on its financial performance and strategic outlook. The net income increased by 38% year-over-year to JPY 86.7 billion, achieving 22% of the full-year target of JPY 390 billion. This contributed to an annualized ROE of 8.7%. The finance category saw steady earnings, with the insurance segment and airport concessions posting growth. Inbound tourism-related profits rose by 78% year-over-year to JPY 6.9 billion, driven by strong performance in aircraft leasing and airport operations. The company also emphasized capital recycling, generating JPY 35 billion in capital gains this quarter, and expects full-year capital gains to surpass those of the previous year. Despite market volatility, ORIX continues to focus on achieving its net income target while exploring growth opportunities through strategic investments.Strong Net Income Growth
Q1 net income increased by 38% year-over-year to JPY 86.7 billion, representing 22% of the full-year net income target of JPY 390 billion.
Significant Investment Category Performance
Profits in the investment category grew by 194% year-over-year, achieving 20% of the full-year profit target.
Inbound Tourism Recovery
Profits from inbound-related businesses rose by 78% to JPY 6.9 billion year-over-year, driven by aircraft leasing and airport concessions.
Capital Recycling Achievements
Capital gains of JPY 35 billion were realized, with expectations for full-year capital gains to exceed those of the prior year.
Insurance Segment Growth
Profits in the insurance segment increased by 13% year-over-year to JPY 21.9 billion.
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IX Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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IX Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 08, 2024 | $111.54 | $113.59 | +1.84% |
| Aug 05, 2024 | $105.68 | $102.71 | -2.81% |
| May 08, 2024 | $105.07 | $105.95 | +0.84% |
| Feb 07, 2024 | $96.37 | $97.47 | +1.14% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Orix Corp Ads (IX) report earnings?
Orix Corp Ads (IX) is schdueled to report earning on Feb 10, 2025, TBA Not Confirmed.
What is Orix Corp Ads (IX) earnings time?
Orix Corp Ads (IX) earnings time is at Feb 10, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is IX EPS forecast?
IX EPS forecast for the fiscal quarter 2025 (Q3) is $2.68.
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