Market Overview

Jones Lang LaSalle: Q3 Earnings Insights

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Shares of Jones Lang LaSalle (NYSE:JLL) were flat in pre-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share were down 15.06% year over year to $2.99, which beat the estimate of $1.25.

Revenue of $1,417,600,000 decreased by 21.90% year over year, which beat the estimate of $1,280,000,000.

Guidance

Earnings guidance hasn't been issued by the company for now.

Jones Lang LaSalle hasn't issued any revenue guidance for the time being.

How To Listen To The Conference Call

Date: Nov 02, 2020

Time: 09:00 AM

ET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Fir.jll.com%2F&eventid=2625873&sessionid=1&key=BB9667E7E1D0DF71F03D5E29C68F9ABA&regTag=&sourcepage=register

Technicals

Company's 52-week high was at $178.55

52-week low: $78.29

Price action over last quarter: Up 19.14%

Company Description

Jones Lang LaSalle provides a wide range of real estate-related services to owners, occupiers, and investors worldwide, including leasing, property and project management, and capital markets advisory. JLL's investment management arm, LaSalle Investment Management, manages over $60 billion for clients across diverse public and private real estate strategies.

 

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Posted-In: Earnings News