Jones Lang LaSalle (JLL) Set to Announce Quarterly Earnings on Monday

Jones Lang LaSalle (NYSE:JLL) is scheduled to be issuing its quarterly earnings data before the market opens on Monday, May 6th. Analysts expect the company to announce earnings of $0.85 per share for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

Jones Lang LaSalle (NYSE:JLL) last released its earnings results on Tuesday, February 27th. The financial services provider reported $4.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.70 by $0.53. The business had revenue of $5.88 billion for 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%. The company’s revenue for the quarter was up 4.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $4.36 earnings per share. 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 Trading Up 1.1 %

NYSE:JLL opened at $182.50 on Monday. The firm has a market cap of $8.67 billion, a P/E ratio of 39.16 and a beta of 1.42. The company has a current ratio of 1.94, a quick ratio of 1.94 and a debt-to-equity ratio of 0.22. The stock’s 50 day simple moving average is $186.47 and its 200-day simple moving average is $171.21. Jones Lang LaSalle has a 12-month low of $119.46 and a 12-month high of $200.14.

Analyst Ratings Changes

A number of brokerages recently weighed in on JLL. Jefferies Financial Group began coverage on Jones Lang LaSalle in a report on Wednesday, April 10th. They set a “buy” rating and a $246.00 price objective on the stock. Raymond James raised Jones Lang LaSalle from an “outperform” rating to a “strong-buy” rating and upped their price objective for the stock from $218.00 to $246.00 in a report on Wednesday, April 3rd. Wolfe Research reaffirmed a “peer perform” rating on shares of Jones Lang LaSalle in a report on Tuesday, April 9th. StockNews.com raised Jones Lang LaSalle from a “hold” rating to a “buy” rating in a report on Wednesday, February 28th. Finally, TheStreet raised Jones Lang LaSalle from a “c+” rating to a “b-” rating in a report on Wednesday, February 14th. 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 stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price 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.