Leju Hldgs H1 Adj EPADS $(1.06) Up From $(3.50) YoY, Sales $158.50M Down From $169.45M YoY
Portfolio Pulse from Benzinga Newsdesk
Leju Hldgs (NYSE:LEJU) reported H1 adjusted EPADS of $(1.06), up from $(3.50) YoY, but sales decreased to $158.50M from $169.45M YoY. The company's quarterly losses improved by 69.71% compared to the same period last year.
August 31, 2023 | 10:05 am
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NEUTRAL IMPACT
Leju Hldgs reported improved losses but decreased sales YoY. This mixed result could lead to uncertain market reactions.
While the company's losses have improved significantly, the decrease in sales could be a concern for investors. This mixed result could lead to uncertain market reactions in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100