Jones Lang LaSalle Inc reports results for the quarter ended in March - Earnings Summary

Jones Lang LaSalle Incorporated

04/05/2023 14:32

* Jones Lang LaSalle Inc  JLL.N  reported quarterly adjusted
earnings of 65 cents​​ per share for the quarter ended in March.
The mean expectation of eight analysts for the quarter was
for earnings of $1.76 per share.
    * Revenue fell 16.7% to $1.58 billion from a year ago;
analysts
expected $1.58 billion. 
    * Jones Lang LaSalle Inc's reported EPS for the quarter was
a loss
of 19 cents​.
    * The mean earnings estimate of analysts had fallen by
about 23.2%
in the last three months.​ 
    * In the last 30 days, four analysts negatively revised
earnings
estimates 
    * Jones Lang LaSalle Inc shares had fallen by 7.6% this
quarter and lost 15.6% so far this year.
    * The company reported a quarterly loss of $9.2 million.
    * Wall Street's median 12-month price target for Jones Lang
LaSalle Inc is $165.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 2
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
4 at 01:32 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      1.76           0.65           Missed
 Dec. 31 2022      4.42           4.36           Missed
 Sep. 30 2022      4.48           3.40           Missed
 Jun. 30 2022      4.30           4.48           Beat