LEG Immobilien (OTCMKTS:LEGIF) Releases Quarterly Earnings Results, Misses Expectations By $0.82 EPS

LEG Immobilien (OTCMKTS:LEGIF) announced its quarterly earnings data on Wednesday. The company reported $0.91 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.73 by ($0.82), Zacks reports. LEG Immobilien had a return on equity of 16.27% and a net margin of 122.87%.

LEG Immobilien Price Performance

Shares of OTCMKTS:LEGIF remained flat at $69.70 during midday trading on Wednesday. LEG Immobilien has a fifty-two week low of $64.45 and a fifty-two week high of $87.21. The company’s 50 day moving average price is $68.83 and its 200-day moving average price is $71.87. The firm has a market cap of $5.27 billion, a P/E ratio of 3.64 and a beta of 0.97.

About LEG Immobilien

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.