Jones Lang LaSalle: 2Q Earnings Snapshot
CHICAGO (AP) _ Jones Lang LaSalle Inc. (JLL) on Tuesday reported second-quarter earnings of $110.5 million.
On a per-share basis, the Chicago-based company said it had net income of $2.40. Earnings, adjusted for one-time gains and costs, were $2.94 per share.
The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $2.33 per share.
The financial and professional services company posted revenue of $4.27 billion in the period.
Jones Lang LaSalle shares have risen roughly 7% since the beginning of the year. The stock has dropped 20% in the last 12 months.