LEG Immobilien (LEGIF) Projected to Post Earnings on Wednesday

LEG Immobilien (OTCMKTS:LEGIF) is expected to be announcing its resultson Wednesday, May 13th. Analysts expect the company to announce earnings of $1.73 per share and revenue of $203.0440 million for the quarter.

LEG Immobilien (OTCMKTS:LEGIF) last issued its quarterly earnings results on Thursday, March 5th. The company reported $5.09 earnings per share for the quarter, topping analysts’ consensus estimates of $1.77 by $3.32. LEG Immobilien had a return on equity of 16.27% and a net margin of 122.87%.The firm had revenue of $273.25 million for the quarter, compared to analysts’ expectations of $232.50 million.

LEG Immobilien Stock Performance

LEGIF stock opened at $69.70 on Wednesday. LEG Immobilien has a one year low of $64.45 and a one year high of $87.21. The firm has a 50-day moving average of $69.41 and a two-hundred day moving average of $72.13. The firm has a market capitalization of $5.27 billion, a PE ratio of 3.64 and a beta of 0.97.

LEG Immobilien Company Profile

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.