Leju Holdings Ltd. (LEJU) Posts Quarterly Earnings Results, Meets Expectations
Leju Holdings Ltd. (NYSE:LEJU) issued its earnings results on Monday. The company reported $0.17 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.17. The company earned $183.30 million during the quarter, compared to the consensus estimate of $174.10 million. Leju Holdings had a return on equity of 8.76% and a net margin of 4.59%. The firm’s revenue for the quarter was up 21.2% compared to the same quarter last year. During the same period last year, the business posted $0.16 EPS.
Leju Holdings (NYSE:LEJU) opened at 4.40 on Monday. The company has a 50-day moving average of $4.29 and a 200 day moving average of $4.54. The company has a market cap of $818.40 million, a PE ratio of 21.89 and a beta of 3.26. Leju Holdings has a 12 month low of $3.28 and a 12 month high of $6.03.
COPYRIGHT VIOLATION WARNING: “Leju Holdings Ltd. (LEJU) Posts Quarterly Earnings Results, Meets Expectations” was originally posted by The Cerbat Gem and is the propert of of The Cerbat Gem. If you are viewing this article on another site, it was stolen and republished in violation of United States & international trademark & copyright legislation. The legal version of this article can be read at https://www.thecerbatgem.com/2016/11/28/leju-holdings-ltd-leju-posts-quarterly-earnings-results-meets-expectations.html.
LEJU has been the subject of several research reports. Zacks Investment Research upgraded Leju Holdings from a “strong sell” rating to a “hold” rating in a research note on Wednesday, October 26th. JPMorgan Chase & Co. initiated coverage on Leju Holdings in a research note on Wednesday, August 31st. They issued a “neutral” rating and a $4.60 target price for the company. Finally, downgraded Leju Holdings from an “underperform” rating to a “sell” rating and reduced their target price for the company from $5.50 to $4.60 in a research note on Friday, August 26th.
Leju Holdings Company Profile
Leju Holdings Limited is an online to offline (O2O), real estate services provider in China. The Company offers real estate e-commerce, online advertising and online listing services through its online platform, which consists of local Websites covering over 260 cities and various mobile applications.
Receive News & Stock Ratings for Leju Holdings Ltd. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Leju Holdings Ltd. and related stocks with our FREE daily email newsletter.