Leju (NYSE:LEJU) announced its earnings results on Monday, March 19th. The financial services provider reported ($0.16) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.19) by $0.03, Morningstar.com reports. The business had revenue of $106.37 million during the quarter, compared to analyst estimates of $95.48 million. Leju had a negative net margin of 44.38% and a negative return on equity of 53.19%. The company’s quarterly revenue was up 1.4% compared to the same quarter last year. During the same period in the previous year, the business earned ($0.17) EPS. Leju updated its Q guidance to $75-77 mln EPS.
Shares of NYSE LEJU traded up $0.01 during midday trading on Thursday, reaching $1.18. 80,944 shares of the company’s stock traded hands, compared to its average volume of 177,065. The company has a market cap of $152.06, a PE ratio of -0.99 and a beta of 2.91. Leju has a one year low of $1.05 and a one year high of $3.48.
Several analysts have recently issued reports on the stock. ValuEngine cut shares of Leju from a “sell” rating to a “strong sell” rating in a research report on Wednesday, March 7th. Zacks Investment Research raised shares of Leju from a “sell” rating to a “hold” rating in a research report on Wednesday, January 31st.
An institutional investor recently raised its position in Leju stock. Renaissance Technologies LLC raised its position in Leju Holdings (NYSE:LEJU) by 14.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 767,400 shares of the financial services provider’s stock after acquiring an additional 97,000 shares during the period. Renaissance Technologies LLC owned approximately 0.57% of Leju worth $1,105,000 as of its most recent filing with the Securities & Exchange Commission. 3.07% of the stock is currently owned by institutional investors.
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Leju Holdings Limited, through its subsidiaries, provides online to offline real estate services in the People's Republic of China. It offers e-commerce services that comprise selling discount coupons and facilitating online property viewing, physical property visits, marketing events, and pre-sale customer support for new residential properties and home furnishing sales through house.sina.com.cn, leju.com, and jiaju.com.
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