Leju Holdings Ltd (ADR) (LEJU) Releases Earnings Results, Misses Expectations By $-0.01 EPS

Leju Holdings Ltd (ADR) (LEJU) announced its most recent quarterly financial results on Monday, Nov-28-2016. LEJU reported $0.17 earnings per share for the quarter, missing the analyst consensus estimate by $-0.01. Analysts had a consensus of $0.18. The company posted revenue of $183.30 million in the period, compared to analysts expectations of $173.90 million. LEJU’s revenue was up 21.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.16 EPS.

Many Wall Street Analysts have commented on Leju Holdings Ltd (ADR). JP Morgan Resumed Leju Holdings Ltd (ADR) on Aug 31, 2016 to “Neutral”, Price Target of the shares are set at $4.60.

Leju Holdings Ltd (ADR) opened for trading at $4.27 and hit $4.56 on the upside on Friday, eventually ending the session at $4.4, with a gain of 0.46% or 0.02 points. The heightened volatility saw the trading volume jump to 77,064 shares. Company has a market cap of $595 M.

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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