ORIX Q3 GAAP EPS $2.66 Down From $2.69 YoY, Sales $4.59B Up From $4.46B YoY
Portfolio Pulse from Benzinga Newsdesk
ORIX Corporation reported a slight decrease in Q3 GAAP EPS to $2.66 from $2.69 YoY, while sales increased to $4.59B from $4.46B YoY.
February 07, 2024 | 11:42 am
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ORIX Corporation reported a Q3 GAAP EPS of $2.66, down from $2.69 YoY, with sales increasing to $4.59B from $4.46B YoY.
The slight decrease in EPS might concern some investors, but the increase in sales could offset these concerns, leading to a neutral short-term impact on ORIX's stock price. The mixed results show growth in revenue but a slight decrease in profitability, which could lead to varied investor interpretations.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100