Earnings Alerts

Jones Lang Lasalle (JLL) Earnings: 2Q Adjusted EPS Surpasses Expectations with Strong Revenue Growth

  • Adjusted EPS: $2.55, beating the estimate of $2.43
  • Revenue: $5.63 billion
  • Markets Advisory Revenue: $1.08 billion (estimate was $1.1 billion)
  • Capital Markets Revenue: $457.6 million
  • Work Dynamics Revenue: $3.93 billion, surpassing the estimate of $3.76 billion
  • JLL Technologies Revenue: $56.4 million, ahead of the $55.4 million estimate
  • LaSalle Revenue: $102.6 million, slightly below the $105.8 million estimate
  • Adjusted EBITDA: $246.3 million, outperforming the estimate of $220.3 million
  • CEO’s Comment: Christian Ulbrich, JLL CEO, noted strong revenue growth driven by Work Dynamics and investments in transactional business lines due to increased commercial real estate activity
  • Analyst Ratings: 5 buys, 4 holds, 1 sell

A look at Jones Lang Lasalle Smart Scores

FactorScoreMagnitude
Value3
Dividend1
Growth3
Resilience3
Momentum5
OVERALL SMART SCORE3.0

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

The long-term outlook for Jones Lang Lasalle is positive based on the Smartkarma Smart Scores. With a strong Momentum score of 5, the company is showing significant upward movement and growth potential. Additionally, Jones Lang Lasalle scores well in Value, Growth, and Resilience, indicating a solid foundation and potential for sustainable growth in the future. While the Dividend score is lower, the overall outlook remains optimistic for investors looking for a company with growth prospects in the real estate and investment management sector.

Jones Lang Lasalle Incorporated is a global company that provides real estate and investment management services to a diverse range of clients worldwide. Through its offices in various markets, the company serves multinationals, corporations, institutions, occupiers, and investors. Offering a wide array of services such as tenant representation, property management, agency leasing, finance, and valuations, Jones Lang Lasalle has established itself as a reputable player in the industry with a solid foundation for long-term growth and success.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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