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Why Is Jones Lang LaSalle (JLL) Up 3.6% Since Last Earnings Report?
ZACKS· 2024-06-05 16:35
A month has gone by since the last earnings report for Jones Lang LaSalle (JLL) . Shares have added about 3.6% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Jones Lang LaSalle due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Jones Lang's Q1 Earnings & Revenues B ...
JLL Income Property Trust Fully Subscribes $95 Million Diversified DST
Prnewswire· 2024-06-05 13:00
CHICAGO, June 5, 2024 /PRNewswire/ -- JLL Income Property Trust, an institutionally-managed daily NAV REIT (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX) with nearly $7 billion in portfolio equity and debt investments, announced today that it has fully subscribed JLLX Diversified III, DST. The $95 million program was structured as a Delaware Statutory Trust designed to provide 1031 exchange investors the opportunity to reinvest proceeds from the sale of appreciated real estate, while also deferring taxes, maintai ...
JLL names Susan Gore to its Board of Directors
prnewswire.com· 2024-05-22 19:07
CHICAGO, May 22, 2024 /PRNewswire/ -- Jones Lang LaSalle Incorporated (NYSE: JLL) announced that Susan Gore was elected as an independent, non-executive member of its Board of Directors effective May 22, 2024. She will serve as a member of the Audit and Risk and Nominating, Governance and Sustainability Committees. Susan Gore, JLLSusan Gore, JLL Gore brings more than 30 years of accounting, auditing and finance experience to the JLL Board. Gore held various leadership roles at PriceWaterhouseCoopers LLP (Pw ...
Why Jones Lang LaSalle (JLL) is a Top Momentum Stock for the Long-Term
zacks.com· 2024-05-21 14:51
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both. The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens. Zacks Premium also includes the Zacks Style Scores. What are the Zacks Style Scores? The Zacks St ...
Jones Lang (JLL) to Buy SKAE to Boost Data Center Expertise
zacks.com· 2024-05-16 17:50
Jones Lang LaSalle (JLL) — popularly known as JLL — recently announced that it has entered into an agreement to acquire a New York-based provider of data center technical and project management services, SKAE Power Solutions (”SKAE”). The deal is expected to close soon, subject to customary closing conditions.This move will allow Jones Lang to offer solutions throughout the entire data center lifecycle and add significant technical depth to its existing offerings. SKAE’s expertise will enhance JLL's ability ...
JLL enhances data center capabilities with strategic acquisition
Prnewswire· 2024-05-15 13:30
SKAE Power Solutions strengthens JLL's data center technical and project management service CHICAGO, May 15, 2024 /PRNewswire/ -- As data center demand continues to surge, JLL (NYSE: JLL) today announced it has reached an agreement to acquire SKAE Power Solutions (SKAE), a New York-based provider of data center technical and project management services. This acquisition of SKAE enables JLL to provide solutions across the full data center lifecycle and adds significant technical depth to its existing offeri ...
JLL arranges $735M refinancing for the Walt Disney World Swan & Dolphin Resort on behalf of Tishman Hotel & Realty and MetLife Investment Management
Prnewswire· 2024-05-10 15:15
Wells Fargo, Bank of America and Goldman Sachs provided financing for the 2,619-key resort in Lake Buena Vista NEW YORK, May 10, 2024 /PRNewswire/ -- JLL's Hotels & Hospitality group announced today that it arranged a new $735 million, five-year, floating-rate SASB CMBS term loan to refinance The Walt Disney World Swan, Walt Disney World Dolphin and Walt Disney World Swan Reserve (collectively, "Swan & Dolphin Resort"), a 2,619-key resort situated directly adjacent to the theme parks within Walt Disney Worl ...
Jones Lang's (JLL) Q1 Earnings & Revenues Beat Estimates
Zacks Investment Research· 2024-05-07 19:11
Jones Lang LaSalle Incorporated (JLL) — popularly known as JLL — reported first-quarter 2024 adjusted earnings per share (EPS) of $1.78, beating the Zacks Consensus Estimate of 85 cents. The reported figure increased significantly from the prior-year quarter. Shares of JLL were up 3% during the May 6 regular trading session on the NYSE.Results reflect better-than-anticipated revenues. The company benefited from the continued strength in its resilient lines of business. Though the quarter saw a rise in most ...
Jones Lang LaSalle(JLL) - 2024 Q1 - Earnings Call Transcript
2024-05-06 18:40
Jones Lang LaSalle Incorporated (NYSE:JLL) Q1 2024 Earnings Conference Call May 6, 2024 9:00 AM ET Corporate Participants Scott Einberger - Head of Investor Relations Christian Ulbrich - President and Chief Executive Officer Karen Brennan - Chief Financial Officer Conference Call Participants Stephen Sheldon - William Blair Peter Abramovitz - Jefferies Michael Griffin - Citi Anthony Palone - JP Morgan Alex Kramm - UBS Financial Jade Rahmani – KBW Patrick O'Shaughnessy - Raymond James Operator Welcome to the ...
Here's What Key Metrics Tell Us About Jones Lang LaSalle (JLL) Q1 Earnings
Zacks Investment Research· 2024-05-06 14:31
Jones Lang LaSalle (JLL) reported $5.12 billion in revenue for the quarter ended March 2024, representing a year-over-year increase of 8.7%. EPS of $1.78 for the same period compares to $0.65 a year ago.The reported revenue represents a surprise of +3.77% over the Zacks Consensus Estimate of $4.94 billion. With the consensus EPS estimate being $0.85, the EPS surprise was +109.41%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to dete ...