Jones Lang LaSalle (JLL) to Release Earnings on Monday

Jones Lang LaSalle (NYSE:JLL) will be announcing its earnings results before the market opens on Monday, May 6th. Analysts expect the company to announce earnings of $0.85 per share for the quarter. Parties interested in participating in the company’s conference call can do so using this link.

Jones Lang LaSalle (NYSE:JLL) last posted its quarterly earnings data on Tuesday, February 27th. The financial services provider reported $4.23 EPS for the quarter, topping the consensus estimate of $3.70 by $0.53. The company had revenue of $5.88 billion during the quarter, compared to analyst estimates of $5.86 billion. Jones Lang LaSalle had a return on equity of 5.74% and a net margin of 1.09%. Jones Lang LaSalle’s quarterly revenue was up 4.9% on a year-over-year basis. During the same period in the previous year, the business earned $4.36 EPS. On average, analysts expect Jones Lang LaSalle to post $12 EPS for the current fiscal year and $16 EPS for the next fiscal year.

Jones Lang LaSalle Price Performance

Shares of NYSE JLL opened at $185.39 on Friday. The company has a quick ratio of 1.94, a current ratio of 1.94 and a debt-to-equity ratio of 0.22. The firm has a 50-day simple moving average of $186.29 and a 200-day simple moving average of $172.06. Jones Lang LaSalle has a 52 week low of $119.46 and a 52 week high of $200.14. The stock has a market capitalization of $8.81 billion, a price-to-earnings ratio of 39.78 and a beta of 1.43.

Analyst Ratings Changes

JLL has been the topic of a number of recent research reports. TheStreet raised Jones Lang LaSalle from a “c+” rating to a “b-” rating in a research note on Wednesday, February 14th. Jefferies Financial Group began coverage on shares of Jones Lang LaSalle in a report on Wednesday, April 10th. They issued a “buy” rating and a $246.00 target price on the stock. StockNews.com upgraded shares of Jones Lang LaSalle from a “hold” rating to a “buy” rating in a report on Wednesday, February 28th. Raymond James upgraded Jones Lang LaSalle from an “outperform” rating to a “strong-buy” rating and increased their price objective for the stock from $218.00 to $246.00 in a research report on Wednesday, April 3rd. Finally, Wolfe Research reaffirmed a “peer perform” rating on shares of Jones Lang LaSalle in a research note on Tuesday, April 9th. Two investment analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $206.00.

Jones Lang LaSalle Company Profile

Jones Lang LaSalle Incorporated operates as a commercial real estate and investment management company. It engages in the buying, building, occupying, managing, and investing in a commercial, industrial, hotel, residential, and retail properties in Americas, Europe, the Middle East, Africa, and the Asia Pacific.