Jones Lang LaSalle (JLL) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Core Viewpoint - The market anticipates that Jones Lang LaSalle (JLL) will report a year-over-year increase in earnings driven by higher revenues for the quarter ended September 2024, with actual results being crucial for stock price movement [1][2]. Earnings Expectations - JLL is expected to post quarterly earnings of $2.67 per share, reflecting a year-over-year increase of +32.8%, with revenues projected at $5.59 billion, up 9.4% from the previous year [3]. - The consensus EPS estimate has been revised 0.5% higher in the last 30 days, indicating a positive reassessment by analysts [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model shows a positive Earnings ESP of +13.86% for JLL, suggesting analysts are optimistic about the company's earnings prospects [10]. - A positive Earnings ESP is a strong indicator of an earnings beat, especially when combined with a Zacks Rank of 2 (Buy) [8][10]. Historical Performance - In the last reported quarter, JLL exceeded the expected earnings of $2.30 per share by delivering $2.55, resulting in a surprise of +10.87% [11]. - Over the past four quarters, JLL has beaten consensus EPS estimates three times [12]. Conclusion - JLL is positioned as a compelling candidate for an earnings beat, but investors should consider other influencing factors before making investment decisions [15].