Leju (NYSE:LEJU) released its earnings results on Thursday, August 23rd. The financial services provider reported ($0.01) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.10) by $0.09, MarketWatch Earnings reports. The company had revenue of $122.68 million for the quarter. Leju had a negative net margin of 16.56% and a negative return on equity of 26.66%.
Leju stock traded down $0.08 during trading hours on Friday, hitting $2.26. The stock had a trading volume of 490,624 shares, compared to its average volume of 609,903. Leju has a 12-month low of $0.96 and a 12-month high of $2.35.
A number of equities research analysts have issued reports on the stock. Zacks Investment Research raised shares of Leju from a “hold” rating to a “buy” rating and set a $2.25 price target on the stock in a report on Tuesday, September 4th. ValuEngine raised shares of Leju from a “hold” rating to a “buy” rating in a research note on Wednesday, July 4th. Finally, JPMorgan Chase & Co. raised shares of Leju from an “underweight” rating to a “neutral” rating and set a $4.00 target price on the stock in a research note on Tuesday, August 28th.
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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