LEG Immobilien (OTCMKTS:LEGIF) Releases Quarterly Earnings Results, Misses Estimates By $1.08 EPS

LEG Immobilien (OTCMKTS:LEGIFGet Free Report) issued its quarterly earnings data on Tuesday. The company reported $0.79 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.87 by ($1.08), reports. LEG Immobilien had a net margin of 107.12% and a return on equity of 13.67%. The business had revenue of $269.87 million for the quarter, compared to the consensus estimate of $209.83 million.

LEG Immobilien Stock Performance

Shares of OTCMKTS LEGIF opened at $60.15 on Wednesday. The company has a market cap of $4.55 billion, a P/E ratio of 3.38 and a beta of 0.93. The firm’s fifty day moving average is $60.54 and its two-hundred day moving average is $66.98. LEG Immobilien has a 52-week low of $58.68 and a 52-week high of $85.41.

About LEG Immobilien

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LEG Immobilien AG is one of Germany’s leading residential real estate companies, specializing in the development, acquisition and management of residential and commercial properties. Headquartered in Düsseldorf, the company focuses on providing affordable and sustainable living spaces to a diverse tenant base. Its core business includes the rental and technical management of housing units as well as value-enhancing modernization and maintenance services.

The company’s portfolio comprises approximately 130,000 residential units and several thousand commercial spaces, primarily located in North Rhine-Westphalia and adjacent German states.

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Earnings History for LEG Immobilien (OTCMKTS:LEGIF)

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