Jones Lang LaSalle up 5.3% on Strong Q1 Earnings

Jones Lang LaSalle

is trading higher on the session after announcing its Q1 earnings. The company reported an EPS of $0.50, which may not compare to $0.20 estimate and revenues $813.3 million vs $772.33 million estimate. Colin Dyer, President and Chief Executive Officer stated: "We drove strong first-quarter revenue and profit growth by building both market share and margins. World real estate markets continue their cyclical recovery, and we will continue our successful drive for revenue and margin growth." Jones Lang LaSalle is currently trading at $84.90, a gain of $4.28 or 5.31%.