Leju Holdings Ltd (ADR) (LEJU) Releases Earnings Results, Misses Expectations By $-0.07 EPS

Leju Holdings Ltd (ADR) (LEJU) reported quarterly earnings results on Monday, May-16-2016. The company reported $-0.04 earnings per share for the quarter, missing the analyst consensus estimate by $-0.07. Analysts had a consensus of $0.03. The company posted revenue of $113.00 million in the period, compared to analysts expectations of $105.99 million. The company’s revenue was up 21.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.01 EPS.

Leju Holdings Ltd (ADR) closed down -0.05 points or -1.06% at $4.65 with 74,049 shares getting traded on Friday. Post opening the session at $4.71, the shares hit an intraday low of $4.55 and an intraday high of $4.9 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

Leju Holdings Limited is an online-to-offline (O2O) real estate services provider in China. The Company offers real estate e-commerce online advertising and online listing services through its online platform which consists of local Websites covering over 250 cities and various mobile applications. It integrates its online platform with complementary offline services to facilitate residential property transactions. In addition to its own Websites the Company also operates various real estate and home furnishing Websites of SINA Corporation and Baidu Inc.. Its O2O services for new residential properties include selling discount coupons and facilitating online property viewing physical property visits and pre-sale customer support. The Company offers fee-based online property listing services to real estate agents and free services to individual property sellers. The Company’s offline services include physical property visits and a call center.

Leju Holdings Ltd (ADR)

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