Leju Holdings (LEJU) Reports Q3 EPS of $0.08, Revenues Beat; Offers 4Q Revenue Mid-Point Guidance Above Consensus

Leju Holdings (NYSE: LEJU) reported Q3 EPS of $0.08. Revenue for the quarter came in at $133.6 million versus the consensus estimate of $122 million.

"In the third quarter, Leju continued its growth momentum while delivering solid operating profit," said Mr. Geoffrey He, Leju's Chief Executive Officer. "In line with our 'New Media, New Ecosystem, and New E-commerce' business strategy, we will remain focused on enhancing our media influence by leveraging 'Leju Finance', developing our intelligent marketing platform through our proprietary \'cloud-eye' big-data system and 'mini-app' open platform, and offering innovative e-commerce products with the help of our transparent home purchasing platform."

"Looking to the fourth quarter, the changing market conditions will present both challenges and opportunities for Leju. We will continue to execute our business strategy, improve operations and management and strive to sustain profitability."

GUIDANCE:

Leju Holdings sees Q4 2018 EPS of $0.00, versus the consensus of ($0.01). Leju Holdings sees Q4 2018 revenue of $120-130 million, versus the consensus of $120 million.

For earnings history and earnings-related data on Leju Holdings (LEJU) click here.

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