NYSE$IX

Orix Corp · Q3 2024 earnings

Q3 2024 earnings · · Investor relations

Briefing

Orix reported strong revenue growth and increased profitability in Q3 2024.

Orix Corporation reported a 5.4% increase in total revenue, reaching ¥2,154,484 million. Operating income rose by 9.3% to ¥290,724 million, while net income attributable to shareholders surged 24% to ¥271,777 million. Earnings per share saw a significant jump, reflecting the company's strong financial performance for the quarter.

  • Total revenue increased 5.4% year-on-year to ¥2,154,484 million.
  • Net income attributable to shareholders rose 24% to ¥271,777 million.
  • Operating income grew by 9.3% to ¥290,724 million.
  • Basic earnings per share increased to ¥237.46 from ¥188.68 last year.

Headline financials

Total Revenue

$13.7B

Previous: $4.59B+199.4%
EPS (adj)

$1.51

Previous: $2.62-42.3%
Shareholders' Equity

$4.09T

No prior period
Total Assets

$16.9T

No prior period
Net Income

$1.73B

Previous: $605M+186.1%
Operating Income

$1.85B

No prior period

Revenue & EPS history

Orix · Revenue · Quarterly

$13.7B

Q3 2024+199.4%vs Q3 2023
Beat estimate in 1 of 1 quarters(100%)
ActualEstimate

Forward guidance

Orix expects continued revenue growth driven by strong performance in financial services and energy segments, but faces headwinds from global economic uncertainty.

Tailwinds

  • Projected revenue growth across multiple business segments.
  • Strong financial performance in aircraft and shipping investments.
  • Continued expansion in life insurance and banking operations.
  • Higher expected income from renewable energy projects.
  • Increased investment in global asset management boosting profitability.

Headwinds

  • Potential impact of global economic slowdown on financial services.
  • Decline in finance revenues due to interest rate fluctuations.
  • Regulatory uncertainties in banking and insurance segments.
  • Volatility in foreign exchange rates impacting international revenues.
  • Higher costs of operations affecting profit margins.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 7 quarterly earnings reports · overlaid with Q3 2024

Historical avgQ3 2024

+0.8%

Avg return

Earnings day

-1.2%

Avg return

5 days after

+2.5%

Avg return

30 days after

33%

3 / 9 earnings

Positive

+8.8%

Q4 2026

Best reaction

-2.6%

Q1 2010

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026+8.8%
Q3 2026-2.0%-4.7%-2.8%
Q2 2025+6.0%+0.6%+13.2%
Q4 2024-1.1%-1.2%+3.9%
Q3 2024-0.1%-2.6%-1.7%
Q3 2023-1.1%+3.1%+2.5%
Q2 2023-1.7%-3.9%-3.9%
Q1 2023+0.6%+0.1%+6.0%
Q1 2010-2.6%

Discussion

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