Jones Lang LaSalle: Fourth Quarter Earnings Overview
JLL Announces Strong Fourth-Quarter Earnings
Jones Lang LaSalle Inc. (JLL), headquartered in Chicago, revealed on Wednesday that it achieved a net income of $401.7 million for the fourth quarter.
The company reported earnings of $8.34 per share, while adjusted earnings—excluding certain one-time items—reached $8.71 per share.
These results exceeded analysts’ expectations, as the consensus from four Zacks Investment Research analysts had projected earnings of $7.25 per share.
JLL’s revenue for the quarter totaled $7.61 billion, outperforming the average analyst estimate of $7.33 billion.
For the full year, the firm posted a profit of $792.1 million, or $16.40 per share, with total revenue amounting to $26.12 billion.
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