Jones Lang LaSalle (JLL) Set to Announce Earnings on Wednesday

Jones Lang LaSalle (NYSE:JLL) is set to post its quarterly earnings results before the market opens on Wednesday, November 6th. Analysts expect Jones Lang LaSalle to post earnings of $2.66 per share for the quarter. Individual that are interested in registering for the company’s earnings conference call can do so using this link.

Jones Lang LaSalle (NYSE:JLL) last issued its earnings results on Tuesday, August 6th. The financial services provider reported $2.55 earnings per share for the quarter, topping analysts’ consensus estimates of $2.30 by $0.25. The firm had revenue of $5.63 billion during the quarter, compared to analyst estimates of $5.48 billion. Jones Lang LaSalle had a net margin of 1.76% and a return on equity of 8.03%. The company’s quarterly revenue was up 11.4% on a year-over-year basis. During the same quarter last year, the business earned $0.50 earnings per share. On average, analysts expect Jones Lang LaSalle to post $13 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 $267.86 on Tuesday. The company has a 50-day moving average price of $261.44 and a two-hundred day moving average price of $229.42. The company has a quick ratio of 2.58, a current ratio of 2.58 and a debt-to-equity ratio of 0.31. Jones Lang LaSalle has a twelve month low of $136.83 and a twelve month high of $280.48. The firm has a market capitalization of $12.71 billion, a PE ratio of 33.82 and a beta of 1.37.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on JLL shares. Keefe, Bruyette & Woods lifted their target price on shares of Jones Lang LaSalle from $240.00 to $250.00 and gave the company a “market perform” rating in a research report on Thursday, August 8th. StockNews.com raised shares of Jones Lang LaSalle from a “buy” rating to a “strong-buy” rating in a research note on Friday, September 13th. Finally, Raymond James lifted their price target on shares of Jones Lang LaSalle from $246.00 to $268.00 and gave the stock a “strong-buy” rating in a research note on Thursday, July 25th. Two equities research analysts have rated the stock with a hold rating, three have assigned a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Buy” and an average target price of $246.80.

About Jones Lang LaSalle

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.