Leju (LEJU) Posts Earnings Results, Beats Expectations By $0.10 EPS
Leju (NYSE:LEJU) announced its earnings results on Monday. The financial services provider reported $0.05 earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.05) by $0.10, MarketWatch Earnings reports. Leju had a negative return on equity of 26.66% and a negative net margin of 16.56%. Leju updated its Q4 2018 guidance to EPS.
Shares of LEJU stock opened at $1.99 on Tuesday. The stock has a market capitalization of $229.44 million, a P/E ratio of -1.67 and a beta of 2.98. Leju has a 12 month low of $0.96 and a 12 month high of $2.35.
A number of hedge funds have recently made changes to their positions in the stock. Renaissance Technologies LLC boosted its holdings in Leju by 19.5% during the second quarter. Renaissance Technologies LLC now owns 1,051,703 shares of the financial services provider’s stock worth $1,535,000 after buying an additional 171,703 shares during the last quarter. Millennium Management LLC boosted its holdings in Leju by 336.1% during the first quarter. Millennium Management LLC now owns 89,596 shares of the financial services provider’s stock worth $121,000 after buying an additional 69,050 shares during the last quarter. Finally, Acadian Asset Management LLC boosted its holdings in Leju by 355.2% during the third quarter. Acadian Asset Management LLC now owns 191,292 shares of the financial services provider’s stock worth $334,000 after buying an additional 149,270 shares during the last quarter. Hedge funds and other institutional investors own 1.08% of the company’s stock.
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Leju Company Profile
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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