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

Xinyuan Real Estate (NYSE:XIN) will be issuing its quarterly earnings data before the market opens on Thursday, May 23rd.

Xinyuan Real Estate (NYSE:XIN) last announced its earnings results on Friday, February 15th. The financial services provider reported $1.42 earnings per share (EPS) for the quarter. The business had revenue of $1.08 billion for the quarter. Xinyuan Real Estate had a return on equity of 13.03% and a net margin of 3.34%.

Shares of NYSE:XIN opened at $4.30 on Tuesday. The stock has a market capitalization of $361.74 million, a price-to-earnings ratio of 3.01 and a beta of 1.84. The company has a debt-to-equity ratio of 4.59, a quick ratio of 1.71 and a current ratio of 1.71. Xinyuan Real Estate has a 52-week low of $3.60 and a 52-week high of $5.68.

A hedge fund recently raised its stake in Xinyuan Real Estate stock. Morgan Stanley lifted its stake in Xinyuan Real Estate Co., Ltd. (NYSE:XIN) by 68.4% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 59,180 shares of the financial services provider’s stock after buying an additional 24,033 shares during the quarter. Morgan Stanley owned about 0.07% of Xinyuan Real Estate worth $289,000 as of its most recent filing with the Securities & Exchange Commission. 9.16% of the stock is currently owned by institutional investors.

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About Xinyuan Real Estate

Xinyuan Real Estate Co, Ltd., through its subsidiaries, develops residential real estate properties for middle income consumers in the People's Republic of China and the United States. It develops residential projects, such as multi-layer apartment buildings, sub-high-rise apartment buildings, or high-rise apartment buildings; auxiliary services and amenities, such as retail outlets, leisure and health facilities, kindergartens, and schools; and small scale residential properties, as well as office, mixed-use, and commercial properties.

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Earnings History for Xinyuan Real Estate (NYSE:XIN)

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