Xinyuan Real Estate (XIN) Scheduled to Post Quarterly Earnings on Friday

Xinyuan Real Estate (NYSE:XIN) is set to announce its earnings results before the market opens on Friday, February 9th.

Xinyuan Real Estate (NYSE:XIN) last issued its quarterly earnings data on Friday, November 10th. The financial services provider reported $0.22 earnings per share for the quarter. Xinyuan Real Estate had a return on equity of 4.48% and a net margin of 2.42%. The business had revenue of $482.37 million during the quarter. During the same period in the previous year, the firm posted $0.41 earnings per share.

Shares of Xinyuan Real Estate (NYSE XIN) traded down $0.27 during midday trading on Friday, hitting $6.96. The stock had a trading volume of 527,569 shares, compared to its average volume of 489,609. Xinyuan Real Estate has a twelve month low of $4.26 and a twelve month high of $8.29. The company has a debt-to-equity ratio of 2.36, a current ratio of 2.25 and a quick ratio of 2.25. The firm has a market capitalization of $573.53, a PE ratio of 10.71 and a beta of 1.48.

A hedge fund recently raised its stake in Xinyuan Real Estate stock. Vanguard Group Inc. increased its stake in shares of Xinyuan Real Estate Co., Ltd. (NYSE:XIN) by 19.0% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 175,442 shares of the financial services provider’s stock after purchasing an additional 27,964 shares during the quarter. Vanguard Group Inc. owned 0.27% of Xinyuan Real Estate worth $909,000 at the end of the most recent quarter. Institutional investors and hedge funds own 15.56% of the company’s stock.

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Xinyuan Real Estate Company Profile

Xinyuan Real Estate Co, Ltd. (Xinyuan) is a holding company and conducts business primarily through its operating subsidiaries in China. The Company is a real estate developer and property manager that primarily focuses on residential properties. Xinyuan is engaged in developing large scale residential projects, which consist of multiple residential buildings that include multi-layer apartment buildings, sub-high-rise apartment buildings or high-rise apartment buildings.

Earnings History for Xinyuan Real Estate (NYSE:XIN)

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