Core Insights - Wall Street analysts forecast that Jones Lang LaSalle (JLL) will report quarterly earnings of $7.25 per share, reflecting a year-over-year increase of 17.9% and anticipated revenues of $7.33 billion, which is a 7.6% increase compared to the previous year [1] Earnings Estimates - The consensus EPS estimate has been revised 0.5% higher over the last 30 days, indicating a collective reevaluation by analysts [2] - Prior to earnings releases, revisions to earnings projections are crucial for predicting investor behavior, with empirical studies showing a strong link between earnings estimate revisions and short-term stock price performance [3] Key Metrics - Analysts expect 'Adjusted EBITDA- Leasing Advisory / Markets Advisory' to be $186.19 million, up from $170.80 million year-over-year [5] - The 'Adjusted EBITDA- Capital Markets' is projected to reach $145.51 million, compared to $119.90 million in the same quarter last year [5] - The consensus estimate for 'Adjusted EBITDA- Investment Management' is $29.65 million, down from $42.60 million year-over-year [6] - Analysts suggest 'Adjusted EBITDA- Real Estate Management Services' will likely be $159.25 million, up from $120.00 million in the same quarter of the previous year [6] Stock Performance - Over the past month, Jones Lang LaSalle shares have recorded returns of -18.7%, contrasting with the Zacks S&P 500 composite's -1.7% change [6] - Based on its Zacks Rank 3 (Hold), JLL is expected to perform in line with the overall market in the upcoming period [6]
Unlocking Q4 Potential of Jones Lang LaSalle (JLL): Exploring Wall Street Estimates for Key Metrics