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Here's What Key Metrics Tell Us About Jones Lang LaSalle (JLL) Q1 Earnings
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Jones Lang LaSalle (JLL - Free Report) 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 determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Jones Lang LaSalle performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Markets Advisory- Adjusted EBITDA: $95.30 million compared to the $77.18 million average estimate based on three analysts.
Capital Markets- Adjusted EBITDA: $25 million versus $16.28 million estimated by three analysts on average.
LaSalle- Adjusted EBITDA: $21 million versus $15.18 million estimated by three analysts on average.
JLL Technologies- Adjusted EBITDA: -$5.10 million versus the three-analyst average estimate of -$18.08 million.
Work Dynamics- Adjusted EBITDA: $50.90 million versus the three-analyst average estimate of $39.38 million.
Shares of Jones Lang LaSalle have returned -6.5% over the past month versus the Zacks S&P 500 composite's -1.6% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Here's What Key Metrics Tell Us About Jones Lang LaSalle (JLL) Q1 Earnings
Jones Lang LaSalle (JLL - Free Report) 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 determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Jones Lang LaSalle performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Markets Advisory- Adjusted EBITDA: $95.30 million compared to the $77.18 million average estimate based on three analysts.
- Capital Markets- Adjusted EBITDA: $25 million versus $16.28 million estimated by three analysts on average.
- LaSalle- Adjusted EBITDA: $21 million versus $15.18 million estimated by three analysts on average.
- JLL Technologies- Adjusted EBITDA: -$5.10 million versus the three-analyst average estimate of -$18.08 million.
- Work Dynamics- Adjusted EBITDA: $50.90 million versus the three-analyst average estimate of $39.38 million.
View all Key Company Metrics for Jones Lang LaSalle here>>>Shares of Jones Lang LaSalle have returned -6.5% over the past month versus the Zacks S&P 500 composite's -1.6% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.