Jones Lang LaSalle Incorporated reports results for the quarter ended September 30 - Earnings Summary

• Jones Lang LaSalle Incorporated JLL.N reported quarterly adjusted earnings of $6.76​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of $4.50. The mean expectation of eleven analysts for the quarter was for earnings of $6.16 per share. Wall Street expected results to range from $5.88 to $6.58 per share.

• Revenue rose 11.8% to $7.28 billion from a year ago; analysts expected $7.24 billion.

• Jones Lang LaSalle Incorporated's reported EPS for the quarter was $6.85​.

• The company reported quarterly net income of $319.8 million.

• Jones Lang LaSalle Incorporated shares had fallen by 1.8% this quarter and lost 10.9% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 12.4% in the last three months.​

• In the last 30 days, three analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell." The average consensus recommendation for the real estate services peer group is also "buy"

• Wall Street's median 12-month price target for Jones Lang LaSalle Incorporated is $417.33, about 28.1% above its last closing price of $299.93

This summary was machine generated from LSEG data October 28 at 03:15 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)