Financial shares were positioned a bit lower in pre-market trade Wednesday ahead of the release of minutes from the latest Federal Reserve Open Committee meeting.
In financial stocks news, E-House ( EJ ) Wednesday reported improved results for Q2 ended June 30, driven by revenue increases from real estate online services.
China's real estate services company said non-GAAP net income attributable to shareholders rose to $20.6 million, or $0.14 per diluted ADS, from $15.3 million, or $0.11 per diluted ADS, recorded in the prior-year quarter.
And, Leju Holdings ( LEJU ), an online-to-offline real estate services provider in China, reported Q2 EPS that missed analyst estimates and revenues that topped expectations, fueled in large part by an increase in revenues from the e-commerce services segment.
The company reported Q2 earnings per ADS of $0.15, up from $0.10 in Q2 2013 but missing analyst estimates of $0.16. Total revenues of $117.36 million were up from $71.85 million in Q2 2013 and beat analyst projections of $113.78 million.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.