Jones Lang LaSalle (JLL) Surges 5.6%: Is This an Indication of Further Gains?

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 ...