Leju (LEJU) Releases Earnings Results, Beats Estimates By $0.05 EPS

Leju (NYSE:LEJU) posted its quarterly earnings data on Monday. The financial services provider reported $0.01 EPS for the quarter, beating the Zacks’ consensus estimate of ($0.04) by $0.05, MarketWatch Earnings reports. Leju had a negative net margin of 2.92% and a negative return on equity of 5.65%. The company had revenue of $124.24 million during the quarter. Leju updated its Q1 2019 guidance to EPS.

Shares of NYSE:LEJU opened at $1.69 on Wednesday. Leju has a 1 year low of $0.96 and a 1 year high of $2.35. The stock has a market cap of $229.42 million, a PE ratio of -16.90 and a beta of 2.62.

A hedge fund recently raised its stake in Leju stock. Renaissance Technologies LLC raised its holdings in Leju Holdings Ltd (NYSE:LEJU) by 7.6% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,132,108 shares of the financial services provider’s stock after purchasing an additional 80,405 shares during the quarter. Renaissance Technologies LLC owned approximately 0.83% of Leju worth $1,970,000 as of its most recent SEC filing. 1.09% of the stock is currently owned by institutional investors and hedge funds.

Separately, ValuEngine raised shares of Leju from a “hold” rating to a “buy” rating in a research note on Wednesday, January 2nd.

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About Leju

Leju Holdings Limited, through its subsidiaries, provides online to offline (O2O) real estate services in the People's Republic of China. The company offers real estate e-commerce, online advertising, and online listing services through its online platform, which comprises Websites covering 377 cities and various mobile applications for the real estate and home furnishing industries.

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Earnings History for Leju (NYSE:LEJU)

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