LEG Immobilien (OTCMKTS:LEGIF) Announces Quarterly Earnings Results

LEG Immobilien (OTCMKTS:LEGIFGet Free Report) posted its earnings results on Wednesday. The company reported $0.91 earnings per share for the quarter, missing the consensus estimate of $1.73 by ($0.82), Zacks reports. LEG Immobilien had a net margin of 122.87% and a return on equity of 16.27%.

LEG Immobilien Price Performance

OTCMKTS LEGIF remained flat at $69.70 during trading on Wednesday. LEG Immobilien has a 12-month low of $64.45 and a 12-month high of $87.21. The company’s fifty day moving average is $68.83 and its 200 day moving average is $71.87. The company has a market capitalization of $5.27 billion, a price-to-earnings ratio of 3.64 and a beta of 0.97.

About LEG Immobilien

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LEG Immobilien AG is one of Germany’s leading residential real estate companies, specializing in the development, acquisition and management of residential and commercial properties. Headquartered in Düsseldorf, the company focuses on providing affordable and sustainable living spaces to a diverse tenant base. Its core business includes the rental and technical management of housing units as well as value-enhancing modernization and maintenance services.

The company’s portfolio comprises approximately 130,000 residential units and several thousand commercial spaces, primarily located in North Rhine-Westphalia and adjacent German states.

Further Reading

Earnings History for LEG Immobilien (OTCMKTS:LEGIF)

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