Leju (LEJU) Announces Earnings Results
Leju (NYSE:LEJU) released its quarterly earnings data on Tuesday. The financial services provider reported ($0.14) EPS for the quarter, missing the Zacks’ consensus estimate of $0.04 by ($0.18), Briefing.com reports. Leju had a negative net margin of 27.57% and a negative return on equity of 31.88%. The business had revenue of $95.20 million during the quarter, compared to analyst estimates of $125.83 million. During the same quarter in the previous year, the company posted $0.17 EPS. The firm’s revenue was down 48.1% on a year-over-year basis.
Leju (NYSE LEJU) opened at $1.80 on Wednesday. Leju has a 1 year low of $1.28 and a 1 year high of $5.02.
Several analysts have recently weighed in on LEJU shares. Zacks Investment Research raised shares of Leju from a “strong sell” rating to a “hold” rating in a research note on Wednesday, November 1st. BidaskClub raised shares of Leju from a “sell” rating to a “hold” rating in a research note on Sunday, September 24th. Finally, ValuEngine raised shares of Leju from a “strong sell” rating to a “sell” rating in a research note on Friday, September 1st. Four research analysts have rated the stock with a sell rating and one has assigned a hold rating to the company’s stock. The stock presently has a consensus rating of “Sell” and a consensus price target of $2.10.
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.
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