Jones Lang LaSalle (NYSE:JLL - Get Free Report) is set to post its quarterly earnings results before the market opens on Wednesday, November 6th. Analysts expect Jones Lang LaSalle to post earnings of $2.66 per share for the quarter. Individual that wish to register for the company's earnings conference call can do so using this link.
Jones Lang LaSalle (NYSE:JLL - Get Free Report) last released its quarterly earnings data on Tuesday, August 6th. The financial services provider reported $2.55 earnings per share for the quarter, topping analysts' consensus estimates of $2.30 by $0.25. Jones Lang LaSalle had a net margin of 1.76% and a return on equity of 8.03%. The company had revenue of $5.63 billion during the quarter, compared to analyst estimates of $5.48 billion. During the same period in the prior year, the firm earned $0.50 earnings per share. The firm's revenue for the quarter was up 11.4% compared to the same quarter last year. On average, analysts expect Jones Lang LaSalle to post $13 EPS for the current fiscal year and $16 EPS for the next fiscal year.
Jones Lang LaSalle Stock Up 1.0 %
Shares of NYSE:JLL traded up $2.68 during trading hours on Wednesday, hitting $274.69. The company's stock had a trading volume of 185,614 shares, compared to its average volume of 281,860. The company has a debt-to-equity ratio of 0.31, a current ratio of 2.58 and a quick ratio of 2.58. The company has a market capitalization of $13.06 billion, a price-to-earnings ratio of 43.72 and a beta of 1.37. The firm's fifty day moving average price is $260.28 and its 200 day moving average price is $227.39. Jones Lang LaSalle has a 52 week low of $125.64 and a 52 week high of $280.48.
Analyst Upgrades and Downgrades
A number of equities research analysts recently commented on JLL shares. StockNews.com upgraded Jones Lang LaSalle from a "buy" rating to a "strong-buy" rating in a research report on Friday, September 13th. UBS Group raised their price objective on shares of Jones Lang LaSalle from $225.00 to $240.00 and gave the stock a "buy" rating in a research note on Wednesday, July 3rd. Raymond James increased their price target on shares of Jones Lang LaSalle from $246.00 to $268.00 and gave the stock a "strong-buy" rating in a report on Thursday, July 25th. Finally, Keefe, Bruyette & Woods increased their target price on shares of Jones Lang LaSalle from $240.00 to $250.00 and gave the stock a "market perform" rating in a research note on Thursday, August 8th. Two investment analysts have rated the stock with a hold rating, three have assigned a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Buy" and a consensus target price of $246.80.
Read Our Latest Analysis on Jones Lang LaSalle
About Jones Lang LaSalle
(
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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.
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