Jones Lang LaSalle Incorporated (NYSE:JLL) is reporting third quarter financial results on Monday 2nd November 2020, before market open.
According to analysts surveyed by Thomson Reuters, JLL is expected to report 3Q20 income of $ 1.25 per share from revenue of $ 1281.46 million.
For the full year, analysts anticipate top line of $ 5606.97 million, while looking forward to income of $ 5.82 per share bottom line.
Previous Quarter Performance
Jones Lang LaSalle Incorporated unveiled income for the second quarter of $ 0.71 per share, from the revenue of $ 1,245.00 million. The consensus estimates are income of $ 1.03 per share from $ 1210.00 million in revenue. The bottom line results missed street analysts by $ 0.32 or 31.07 percent, at the same time, top line results outshined analysts by $ 35.00 million or 2.89 percent.
Stock Performance
On Friday, shares of Jones Lang LaSalle Incorporated has traded high as $ 114.15 and has cracked $ 110.50 on the downward trend, reaching $ 112.86 with volume of 550.90 thousand shares.
According to the previous trading day, closing price of $ 112.86, representing a 44.46 % increase from the 52 week low of $ 78.29 and a 36.66 % decrease over the 52 week high of $ 178.55.
The company has a market capital of $ 5.84 billion and is part of the Real Estate sector and Real Estate Services industry.
Recent Analyst recommendations
- On 8th October 2020, downgraded by Keefe, Bruyette & Woods to Market Perform from Outperform rating.
Conference Call
Jones Lang LaSalle Incorporated will be hosting a conference call at 9:00 AM eastern time on 2nd November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.us.jll.com
Jones Lang LaSalle Incorporated, a professional services company, provides commercial real estate and investment management services worldwide. It offers a range of real estate services, including agency leasing, logistics and supply-chain management, corporate finance, mortgage origination and servicing, debt placement, project and development management/design, digital, property management, energy and sustainability, real estate investment banking, integrated facilities management, research, investment management and advisory, strategic consulting and advisory, investment sale, tenant representation, lease administration, and valuations. The company also provides investment management services to institutional and retail investors, including high-net-worth individuals.
