Jones Lang LaSalle Inc expected to post earnings of $3.74 a share - Earnings Preview

Jones Lang LaSalle Incorporated

23/02/2024 15:29

* Jones Lang LaSalle Inc  JLL.N   JLL  is expected to show a
fall
in quarterly revenue when it reports  results on February 27 for
the period ending December 31 2023
    * The Chicago Illinois-based  company is expected to report
a
6.0% decrease in revenue to $2.081 billion from $2.21 billion a
year ago, according to the mean estimate from 4 analysts, based
on LSEG data. (SAL is on Fee revenue basis)
    * ​LSEG's mean analyst estimate for Jones Lang LaSalle Inc
is for
earnings of $3.74 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Jones Lang
LaSalle Inc is $194.50​, above​ its last closing price
of $184.46. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  2.02        2.07       2.01      Missed  -2.9
 Jun. 30 2023  1.94        2.02       0.50      Missed  -75.3
 Mar. 31 2023  1.76        1.76       0.65      Missed  -63​
 Dec. 31 2022  4.21        4.42       4.36      Missed  -1.3
 ​​Sep.        4.39        4.48       3.40      Missed  -24.2
 30 2022                                                
 Jun. 30 2022  4.25        4.30       4.48      Beat    4.1​
 Mar. 31 2022  2.06        2.14       3.47      Beat    62.4
 Dec. 31 2021  6.87        6.81       8.66      Beat    27.1
 This summary was machine generated February 23 at 15:29 GMT. 
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)