Xinyuan Real Estate (XIN) Reports Q1 EPS of $0.09; Boost s FY16 Outlook

Xinyuan Real Estate (NYSE: XIN) reported Q1 EPS of $0.09, versus $0.06 reported last year. Revenue for the quarter came in at $235.4 million, versus $16.7 million reported last year.

Business Outlook

For the full year 2016, based on first quarter results, the Company raises its previously announced financial forecast, now expecting full year contract sales to grow between 15% and 20% and net income to grow between 20% and 25% compared to 2015.

For earnings history and earnings-related data on Xinyuan Real Estate (XIN) click here.

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