Jones Lang LaSalle Set to Release Earnings Data Ahead of Thursday Market Open, Analysts Anticipating Results

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Jones ($NYSE:JLL) Lang LaSalle (JLL) is a professional services and investment management company that specializes in real estate. Analysts are expecting strong earnings results from JLL when they report their data on Thursday. The company has seen steady growth over the past few years, and their most recent quarter showed profits up 8%, with total revenue increasing by 4%. With the current market conditions, analysts are anticipating that JLL will continue to experience growth in profits.

Investors will be eagerly awaiting the results on Thursday when JLL releases their earnings data ahead of the market open. With this in mind, investors should keep an eye on JLL’s stock price to gauge the market’s reaction to the earnings results.

Earnings

In their FY2023 Q1 report as of March 31 2021, JONES LANG LASALLE earned 4037.1M USD in total revenue and 103.0M USD in net income. This represents a 15.9% decrease in total revenue and a 29.3% decrease in net income, compared to the previous year. Over the past three years, JONES LANG LASALLE’s total revenue has grown from 4037.1M USD to 4715.5M USD. Investors are looking forward to Thursday’s release of financial results to determine whether the company will continue its upward trend.

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for JLL. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for JLL. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for JLL. More…

Key Ratios Snapshot

Some of the financial key ratios for JLL are shown below. More…

Market Price

Market analysts are anticipating high performance given the current market conditions and the company’s track record. On Friday, JLL stock opened at $167.0 and closed at $165.7, a 0.7% increase from the previous closing price of 164.5. This slight uptick is a sign that investors are confident in the company’s ability to produce strong earnings.

However, given the volatile nature of the markets, the actual data release will be the ultimate proof of this success. JLL will be releasing more details on their financial performance in the upcoming days prior to the market open on Thursday. Investors will be watching closely to see how JLL fares relative to its peers in the industry, as well as what future guidance and expectations may be. With all this data to consider, it should be an interesting day for JLL stock. Live Quote…

Analysis

At GoodWhale, we have conducted an analysis of JONES LANG LASALLE’s wellbeing. According to our Star Chart, JONES LANG LASALLE is strong in profitability, medium in asset, growth and weak in dividend. We gave the company a high health score of 8/10 considering its cashflows and debt; it is capable of paying off debt and funding future operations. We believe JONES LANG LASALLE is classified as an ‘elephant’, a type of company that is rich in assets after deducting off liabilities. Considering its profile, JONES LANG LASALLE may be of interest to investors with an appetite for risk who are looking for growth. These investors may be particularly interested in the company’s strong profitability and ability to pay off debt and fund future operations. Moreover, those looking for a long-term investment may be attracted to the company’s asset-rich profile. More…

Peers

The commercial real estate services industry is highly competitive. The four largest firms, Jones Lang LaSalle Inc, CBRE Group Inc, Cushman & Wakefield PLC, and Gabetti Property Solutions SPA, account for about 60 percent of industry revenue. These companies compete primarily on the basis of price, service quality, and geographical coverage.

– CBRE Group Inc ($NYSE:CBRE)

CBRE Group, Inc. is an American commercial real estate services and investment firm. The Company operates through five segments: Americas, Europe, Asia Pacific, Global Investment Management, and Development Services. CBRE Group offers services such as brokerage, valuation, property and facilities management, mortgage banking, asset management, investment banking, consulting, project management, and development services. As of December 31, 2018, the Company owned and/or managed approximately 3.6 billion square feet of commercial real estate space.

– Cushman & Wakefield PLC ($NYSE:CWK)

Cushman & Wakefield PLC is a global professional services firm that helps organizations succeed by enhancing their value through real estate. The company has a market cap of 2.5 billion as of 2022 and a return on equity of 27.74%. The company helps its clients maximize the value of their real estate assets through a comprehensive range of services, including transaction and advisory, valuation, property management, investment management, and research.

– Gabetti Property Solutions SPA ($LTS:0QU7)

Gabetti Property Solutions SPA is an Italian company that specializes in providing property solutions. As of 2022, the company had a market capitalization of €63.59 million and a return on equity of 47.65%. The company offers a variety of services including property management, valuation, and consulting.

Summary

Jones Lang LaSalle (JLL) is an American financial services firm focused on commercial real estate services. Investors will be watching the company’s earnings data for Thursday, August 3rd for clues on how the company is performing. Analysts expect JLL to report strong results, buoyed by a solid performance in the global commercial real estate market. Investors will be looking for evidence of continued growth, such as rising revenue and an increase in net income.

Any guidance on future growth or other developments that could affect the stock price will also be closely watched. Overall, investors should watch these results carefully in order to properly evaluate the company’s prospects and potential investment opportunities.