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JLL Spark Invests in Munich-Based PropTech Innovator PROBIS
Prnewswire· 2024-08-13 11:00
Strategic Investment to Accelerate PROBIS' AI-Powered Financial Management Solutions for Real Estate Development and Support Global Expansion CHICAGO, Aug. 13, 2024 /PRNewswire/ -- JLL today announced that its corporate venture capital arm, JLL Spark Global Ventures, has led the Series A investment round in PROBIS, a company specializing in financial management for real estate development through AI and benchmark technology. PROBIS aims to advance the real estate industry by replacing outdated financial man ...
JLL Income Property Trust Declares 51st Consecutive Quarterly Dividend
Prnewswire· 2024-08-07 17:00
CHICAGO , Aug. 7, 2024 /PRNewswire/ -- JLL Income Property Trust, an institutionally managed daily NAV REIT (NASDAQ:ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX) with approximately $6.6 billion in portfolio equity and debt investment assets, announced that on August 6, 2024, its Board of Directors declared a dividend for the third quarter of 2024 of $0.1575 per share. This will be the 51st consecutive dividend paid to its stockholders. The dividend is payable on or around September 26, 2024 to stockholders of record as o ...
JLL Income Property Trust Announces Q2 2024 Earnings Call
Prnewswire· 2024-08-07 14:00
CHICAGO, Aug. 7, 2024 /PRNewswire/ -- JLL Income Property Trust, an institutionally managed, daily NAV REIT (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX) with approximately $6.6 billion in portfolio equity and debt investment assets, will hold a public earnings call on Wednesday, August 14, 2024 at 9:00 AM CT to review second quarter operating and financial results. Gregg Falk, Chief Financial Officer, and Sean Meehan, Portfolio Manager, will present an overview of recent economic events that directly influence ...
Jones Lang LaSalle (JLL) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2024-08-06 15:31
For the quarter ended June 2024, Jones Lang LaSalle (JLL) reported revenue of $5.63 billion, up 11.4% over the same period last year. EPS came in at $2.55, compared to $0.50 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $5.35 billion, representing a surprise of +5.12%. The company delivered an EPS surprise of +10.87%, with the consensus EPS estimate being $2.30. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall S ...
Jones Lang LaSalle (JLL) Surpasses Q2 Earnings and Revenue Estimates
ZACKS· 2024-08-06 13:56
Jones Lang LaSalle (JLL) came out with quarterly earnings of $2.55 per share, beating the Zacks Consensus Estimate of $2.30 per share. This compares to earnings of $0.50 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 10.87%. A quarter ago, it was expected that this financial and professional services company would post earnings of $0.85 per share when it actually produced earnings of $1.78, delivering a surprise of 109.41%. ...
JLL Reports Financial Results for Second-Quarter 2024
Prnewswire· 2024-08-06 11:30
Diluted earnings per share were $1.75, up from $0.05 last year; adjusted diluted earnings per share1 were $2.55, up from $2.12 CHICAGO, Aug. 6, 2024 /PRNewswire/ -- Jones Lang LaSalle Incorporated (NYSE: JLL) today reported operating performance for the second quarter of 2024. Continued momentum in Resilient6 business line revenue was complemented by solid growth in Transactional6 revenues. These revenue factors, along with the benefit of recent and ongoing cost management efforts, helped deliver strong pro ...
Jones Lang LaSalle (JLL) Surges 5.6%: Is This an Indication of Further Gains?
ZACKS· 2024-07-26 13:55
The increased investor optimism in the stock can be attributed to the favorable environment for the real estate operation industry. For Jones Lang LaSalle, the consensus EPS estimate for the quarter has been revised 2.6% lower over the last 30 days to the current level. And a negative trend in earnings estimate revisions doesn't usually translate into price appreciation. So, make sure to keep an eye on JLL going forward to see if this recent jump can turn into more strength down the road. For Zillow, the co ...
Will Jones Lang LaSalle (JLL) Beat Estimates Again in Its Next Earnings Report?
ZACKS· 2024-07-16 17:16
This financial and professional services company has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 61.87%. If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Jones Lang LaSalle (JLL) . This company, which is in the Zacks Real Estate - Operations industry, shows potential ...
Should You Add Jones Lang (JLL) Stock to Your Portfolio Now?
ZACKS· 2024-07-10 16:30
Jones Lang LaSalle Incorporated (JLL) , popularly known as JLL, is likely to benefit from the continued strength of its resilient lines of business and favorable outsourcing trends. However, persistent macroeconomic uncertainty and a high interest rate environment have kept JLL's transaction-based businesses in distress. Its superior client services and strategic investment in technology and innovation are expected to help grow market share and win relationships. Strategic investments in the technology fron ...
JLL Announces Details of Second Quarter 2024 Earnings Release and Conference Call
Prnewswire· 2024-07-10 13:00
CHICAGO, July 10, 2024 /PRNewswire/ -- Jones Lang LaSalle Incorporated (NYSE: JLL) will host a conference call and webcast to discuss second quarter 2024 results on Tuesday, August 6, 2024, at 9 a.m. Eastern time. The conference call will also be webcast live from the company's Investor Relations website at ir.jll.com. The presentation slides to supplement the webcast will be available in the Events & Presentations section of the Investor Relations website shortly before the webcast begins. The webcast repl ...