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

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

Jones Lang LaSalle (NYSE:JLL) last posted its earnings results on Tuesday, February 27th. The financial services provider reported $4.23 EPS for the quarter, beating the consensus estimate of $3.70 by $0.53. Jones Lang LaSalle had a return on equity of 5.74% and a net margin of 1.09%. The firm had revenue of $5.88 billion for the quarter, compared to analysts’ expectations of $5.86 billion. During the same period last year, the firm earned $4.36 EPS. The firm’s revenue was up 4.9% compared to the same quarter last year. 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 Stock Up 1.1 %

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

Wall Street Analyst Weigh In

Several research firms recently commented on JLL. Jefferies Financial Group began coverage on Jones Lang LaSalle in a research report on Wednesday, April 10th. They issued a “buy” rating and a $246.00 target price on the stock. Wolfe Research reiterated a “peer perform” rating on shares of Jones Lang LaSalle in a research report on Tuesday, April 9th. Raymond James upgraded Jones Lang LaSalle from an “outperform” rating to a “strong-buy” rating and lifted their price target for the company from $218.00 to $246.00 in a research report on Wednesday, April 3rd. TheStreet upgraded Jones Lang LaSalle from a “c+” rating to a “b-” rating in a research report on Wednesday, February 14th. Finally, StockNews.com upgraded Jones Lang LaSalle from a “hold” rating to a “buy” rating in a research report on Wednesday, February 28th. Two research 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 data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $206.00.

About Jones Lang LaSalle

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.