UPDATE: Jones Lang LaSalle Posts Downbeat Q4 Profit
Jones Lang LaSalle (NYSE: JLL) reported a downbeat fourth-quarter earnings.
Jones Lang LaSalle's quarterly adjusted earnings surged to $117.1 million, or $2.60 per share, from $113.6 million, or $2.56 per share, in the year-ago period.
Its revenue climbed to $1.25 billion from $1.15 billion. However, analysts were expecting adjusted earnings of $2.61 per share on revenue of $1.21 billion.
Jones Lang LaSalle shares rose 0.58% to $91.84 in after-hours trading.
© 2015 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.