Jones Lang LaSalle

Jones Lang LaSalle, Inc. engages in the provision of professional services which specialize in real estate and investment management. It operates through the following geographic segments: Americas, Europe, Middle East and Africa (EMEA, Asia Pacific, and LaSalle Investment Management (LaSalle). The Americas, EMEA, and Asia Pacific segments provide leasing, capital markets, integrated property and facility management, project management, advisory, and transaction services. The LaSalle segment offers investment management services on a global basis to institutional investors and high-net-worth individuals. The company was founded by Richard Winstanley in 1783 and is headquartered in Chicago, IL.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Jones Lang LaSalle (JLL) reports Q4 challenges, eyes 2023 recovery

JLL faced challenges in Q4 with declines in fee revenue and adjusted EBITDA, but saw strength in retail, hotel, and industrial sectors.
Cost actions were taken to mitigate impacts, and the company plans to focus on improving free cash flow and capital allocation in 2023.
Executives are optimistic about a recovery in capital markets activity and emphasize strategic investments in technology and cost management.
Despite short-term challenges, JLL's focus on resilient business lines and return on invested capital positions it for long-term growth and stability.

JLL faces revenue decline but eyes recovery in growth sectors

JLL navigated a tough Q1 marked by revenue and EBITDA declines, but cost-saving measures and focus on key sectors demonstrate resilience and strategic planning.
Despite challenges in the commercial real estate market, JLL remains optimistic about potential recovery and opportunities in growth segments like industrials and multifamily.
The reinstatement of the share repurchase program, cashflow positivity commitment, and operational efficiency efforts underscore JLL's determination to weather market headwinds.

Jones Lang LaSalle (JLL) faces market challenges but showcases tech innovation

JLL's Q2 2023 performance reflected challenges in global real estate markets but highlighted strengths in technology innovation and stable industrial sector fundamentals.
The company faces uncertainties with incentive fees and market conditions but has opportunities to leverage increased capital markets activity and enhance transparency.
Cost reduction actions and focus on free cash flow demonstrate JLL's commitment to financial discipline and operational efficiency amidst market challenges.
Investors should monitor JLL's performance closely, considering the potential impact of market dynamics on revenue streams and financial results.

Jones Lang LaSalle (JLL) reports resilient Q3 performance amidst market challenges

Jones Lang LaSalle (JLL) navigated challenges in the global real estate market with resilience, showcasing strength in diversified business segments like Work Dynamics and JLL Technologies.
Despite a decline in fee revenue and adjusted EBITDA, JLL's focus on financial discipline and efficiency positions the company well for future growth opportunities.
While facing headwinds in certain segments, JLL's outlook remains positive, with a continued emphasis on profitability and strategic adjustments to drive performance.

JLL reports strong Q4 performance amidst market challenges and opportunities

JLL's Q4 performance showcased strength in fee revenue growth and strategic team additions.
Challenges in industrial leasing and capital markets were balanced by resilient advisory revenue.
Opportunities lie in growing client interest, operational efficiency improvements, and green shoots in the market.
Overall, JLL remains cautiously optimistic about the commercial real estate landscape for 2024.

Jones Lang LaSalle (JLL) reports robust Q1 results, eyes market opportunities

Jones Lang LaSalle (JLL) delivered a strong performance in Q1 2024 with revenue growth, improved EBITDA, and EPS.
While facing challenges in certain segments, the company showcased resilience and adaptability to market conditions.
Opportunities in gaining market share, strategic adjustments, and maintaining operational efficiency are key focus areas for JLL.
Overall, JLL's performance, strengths, and opportunities position it well for future growth and success.

Jones Lang LaSalle (JLL) reports strong Q2 earnings and strategic growth plans

Jones Lang LaSalle (JLL) showcased robust financial performance in Q2 2024, driven by revenue growth and profitability improvements.
While facing challenges in certain segments, JLL demonstrated resilience and strategic focus on core business lines and financial discipline.
The company's strategic initiatives to manage leverage, explore growth opportunities, and enhance shareholder value position it well for future success.

Jones Lang LaSalle (JLL) reports robust Q3 results and eyes 2025 growth in real estate markets

Jones Lang LaSalle (JLL) delivered strong financial performance in Q3 2024, with a focus on enhancing leasing offerings and operational efficiency. The company raised its full-year adjusted EBITDA target range and expects continued momentum in 2025, especially in real estate capital markets.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Jones Lang LaSalle, Inc. engages in the provision of commercial real estate and investment management services. It operates through the following segments: Market Advisory, Capital Markets, Work Dynamics, JLL Technologies, and LaSalle. The Markets Advisory segment offers real estate services such as agency leasing and tenant representation, property management, advisory, and consulting services. The Capital Markets segment is composed of investment sales, debt and equity advisory, value and risk advisory, and loan servicing. The Work Dynamics segment provides services to occupiers of real estate, including facility and project management, as well as portfolio and other services. The JLL Technologies segment refers to software products, solutions, and services. The LaSalle segment focuses on investment management services on a global basis to institutional investors and individuals. The company was founded by Richard Winstanley in 1997 and is headquartered in Chicago, IL.

Jones Lang LaSalle (JLL) delivered earnings and revenue surprises of 250.00% and 7.52%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Jones Lang LaSalle (JLL) Q1 Earnings and Revenues Beat Estimates

Jones Lang LaSalle Inc. reported Wednesday a first-quarter profit that was more than triple what was expected, boosted by a $34.7 million increase in the estimated value of investments in proptech companies. Shares of the real estate and investment management company were still inactive in premarket trading.

Jones Lang LaSalle profit rises to more than triple expectations, as estimates of real estate investments increased

CHICAGO, May 5, 2021 /PRNewswire/ -- Jones Lang LaSalle Incorporated (NYSE: JLL) today reported operating performance for the first quarter of 2021. Consolidated revenue was $4.0 billion and fee revenue1 was $1.4 billion, decreases of 4% and 7%, respectively Transaction-based service lines reflected improving economic conditions, highlighted by outstanding rebound in Asia Pacific Property & Facility Management growth led by continued strength of Americas Corporate Solutions Overall margin expansion included Valuation increases to JLL Technologies' strategic proptech investments Year-over-year changes in loan loss credit reserves and the fair value of LaSalle's co-investment portfolio Cost mitigation benefits partially offsetting pandemic's impact to revenue Credit Facility maturity extended to 2026; sustainability commitments incorporated into Facility pricing "Our strong first-quarter results demonstrated JLL's commitment to delivering value to stakeholders across our global, scaled platform and reflected our investments in technology growth initiatives while prudently managing expenses," said Christian Ulbrich, JLL CEO.

JLL Reports Strong First-Quarter 2021 Results

CHICAGO, May 4, 2021 /PRNewswire/ -- Today, JLL (NYSE: JLL) announced its aim to achieve net zero carbon emissions by 2040 across all areas of its operations, including the client sites it manages, globally. To deliver this commitment, 95% of JLL's 2018 baseline greenhouse gas emissions will be fully abated, and any residual offsets required will be limited to no more than 5% of that baseline.

JLL commits to net zero target for 2040

SAN DIEGO, May 3, 2021 /PRNewswire/ -- JLL Capital Markets announced today that it has secured a $400+ million construction loan for Genesis Marina, a to-be-built, waterfront Class A+ life science campus totaling approximately 570,000 square feet in Brisbane, Calif. Working on behalf of Phase 3 Real Estate Partners, Inc. and Bain Capital Real Estate, JLL placed the construction loan with Barings LLC.

Top-rated Bay Area life science cluster attracts new development

The STACK-New Albany Campus features 40 megawatts of campus critical capacity COLUMBUS, OH / ACCESSWIRE / April 28, 2021 / JLL announced today that the firm has been selected by STACK INFRASTRUCTURE ("STACK"), the digital infrastructure partner to the world's most innovative companies, to support its leasing efforts at its New Albany data center campus. JLL Associates Alex Ashworth and Nick Gaby will serve as JLL lead partners in that pursuit.

JLL Selected as Supporting Leasing Agent for STACK INFRASTRUCTURE's First Ohio Data Center

BOSTON, April 22, 2021 /PRNewswire/ -- JLL Capital Markets announced today that it has closed the $295 million sale of—and arranged $157.95 million in acquisition financing for—a portfolio of 11 single-tenant retail buildings net leased on a long-term basis to Stop & Shop in densely populated markets throughout Connecticut, Massachusetts and Rhode Island. JLL marketed the portfolio on behalf of the seller, Winstanley Enterprises and Surrey Equities.

Single-tenant grocery portfolio sells for $295M

CHICAGO, April 20, 2021 /PRNewswire/ -- As virtual fatigue continues to set-in for many workers, companies are actively planning their return to the office. At the same time, nearly one-third of companies indicate that they will have 40 percent of their workforce in a hybrid model once they return.

A better office experience for employees - no matter where they are

SAN FRANCISCO, April 15, 2021 /PRNewswire/ -- JLL (NYSE: JLL) today unveiled the results of a commissioned Total Economic Impact™ (TEI) study by Forrester Consulting that finds an organization can experience a return on investment (ROI) of 238 percent, among other benefits, by deploying Corrigo. Corrigo is the world's most widely adopted facilities management platform and part of JLL Technologies (JLLT), a business division of JLL dedicated to commercial real estate (CRE) technology.

Companies achieve 238% ROI by deploying Corrigo intelligence-driven facilities management platform, according to Forrester Consulting

CHICAGO, April 15, 2021 /PRNewswire/ -- Jones Lang LaSalle Incorporated (NYSE:JLL) has amended its bank credit facility to maintain the company's operating flexibility and support its growth strategy. The borrowing capacity remains at $2.75 billion and the new five-year term extends the maturity from May 2023 to April 2026.

JLL Maintains Strong Financial Profile and Liquidity with Renewed Credit Facility

NEW YORK, April 8, 2021 /PRNewswire/ -- JLL has hired Tricia Trester as Managing Director and Principal in JLL's Corporate Solutions business, helping clients create, shape and manage the future of work. Trester has extensive experience and success in developing strategic outsourcing relationships for leading multi-national corporations in the technology, life sciences, manufacturing and service industries.

JLL hires Tricia Trester, strengthening the firm's innovative Corporate Solutions client services

CHICAGO, April 8, 2021 /PRNewswire/ -- Jones Lang LaSalle Incorporated (NYSE: JLL) will release its first quarter 2021 results Wednesday, May 5, 2021, at approximately 7:30 a.m. Eastern time, followed by a live webcast and teleconference call at 9 a.m.

JLL Announces Details of First Quarter 2021 Earnings Release and Conference Call

RICHMOND, Va.--(BUSINESS WIRE)-- #beyondtheexpected--American Real Estate Partners Sells Class-A Office Tower in Richmond's Central Business District

American Real Estate Partners Sells Class A Richmond Office Tower to Opal Holdings

CHICAGO, March 31, 2021 /PRNewswire/ -- The COVID-19 pandemic has magnified the lens on health, well-being and safety everywhere, including office spaces. With vaccine rollouts increasing, more companies are putting a return to the office on the calendar.

Pandemic puts spotlight on ensuring healthy workplaces as companies plan a return to the office

CBRE Group

Colliers International Group

Iron Mountain

Weyerhaeuser

According to the GuruFocus All-In-One Screener, a Premium feature, the following real estate stocks were trading with low price-sales ratios as of March 26.

5 Real Estate Companies Trading with Low Price-Sales Ratios

NEW YORK, March 17, 2021 /PRNewswire/ -- JLL Capital Markets announced today that it has arranged a $393 million construction financing for the redevelopment of 125 West End Ave. into a world-class life sciences facility in the West Side cluster of Manhattan.

Life sciences demand propels NYC redevelopment project forward

CHICAGO, March 16, 2021 /PRNewswire/ -- Close to a year into the pandemic, we have reached an inflection point. COVID-19 has accelerated the world in ways that will undoubtedly alter the course of business for decades to come, transforming conventional notions of where and how we work.

Shaping the future of work for a post-pandemic world

KAPOLEI, Hawaii, March 10, 2021 /PRNewswire/ -- Ka Makana Ali'i is becoming the dining destination of West O'ahu as it welcomes more than 21,000 square feet of new restaurants, including the brand new Shangri La Restaurant & Bar, an expanded Kickin Kajun, Taco Bell, and the first-to-West-O'ahu Olive Garden and Taqueria el Ranchero. Shangri La Restaurant & Bar is a brand new dining experience specializing in Cantonese food and influences from Asia and the Pacific Rim.

Ka Makana Ali'i Becomes Dining Destination with More Than 21,000 Square Feet of New Restaurants, Including Brand New Shangri La Restaurant & Bar

LOS ANGELES, March 9, 2021 /PRNewswire/ -- Manhattan Village, located in the heart of Manhattan Beach, will welcome an exciting collection of dining, lifestyle, and retail establishments this year as it completes its major redevelopment project. Contemporary lifestyle and clothing retailers Faherty, Anthropologie, and Urban Outfitters will all open their doors at the newly reimagined center, catering to the stylish consumer looking for an elevated shopping experience.

Reimagined Manhattan Village Lands Nine New Top Retailers and Restaurants

Chicago-based JLL, which specializes in commercial real estate, is branching out into the rental market with an investment in Roofstock, which is based in Oakland, California. Roofstock offers a "marketplace for investing in the $4 trillion single-family rental (SFR) home sector.

Commercial Real Estate Firm JLL Strikes Deal With Roofstock

CHICAGO and OAKLAND, Calif., March 3, 2021 /PRNewswire/ -- JLL (NYSE: JLL) today announced a multi-faceted transaction with Roofstock, an innovative proptech and leading online marketplace in the dynamic single-family rental (SFR) sector. The deal includes a strategic minority investment...

JLL launches commercial partnership and strategic investment in SFR proptech leader Roofstock

Jones Lang LaSalle's (JLL) Q4 results reflect resiliency from Property & Facility Management and gains from cost-control moves, though the pandemic affected transaction-based service lines.

Jones Lang LaSalle (JLL) Q4 Earnings & Revenues Top Estimates

Jones Lang LaSalle's (JLL) CEO Christian Ulbrich on Q4 2020 Results - Earnings Call Transcript

Jones Lang LaSalle (JLL) delivered earnings and revenue surprises of 42.97% and 5.77%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

Jones Lang LaSalle (JLL) Beats Q4 Earnings and Revenue Estimates

Shares of Jones Lang LaSalle (NYSE:JLL) rose 0.1% in pre-market trading after the company reported Q4 results. Quarterly Results Earnings per share were down 16.69% over the past year to $5.29, which beat the estimate of $3.93.

News for Jones Lang LaSalle Stock (JLL)