Jones Lang LaSalle: 3Q Earnings Snapshot

November 5, 2019 GMT

CHICAGO (AP) _ Jones Lang LaSalle Inc. (JLL) on Tuesday reported third-quarter earnings of $128.9 million.

On a per-share basis, the Chicago-based company said it had net income of $2.47. Earnings, adjusted for one-time gains and costs, came to $3.52 per share.

The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $2.73 per share.

The financial and professional services company posted revenue of $4.5 billion in the period.

Jones Lang LaSalle shares have increased 19% since the beginning of the year. The stock has increased nearly 10% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on JLL at https://www.zacks.com/ap/JLL