Equities analysts expect that Jones Lang LaSalle Incorporated (NYSE:JLL) will post earnings per share of $1.60 for the current quarter, according to Zacks. Two analysts have made estimates for Jones Lang LaSalle’s earnings. The highest EPS estimate is $1.78 and the lowest is $1.48. Jones Lang LaSalle reported earnings per share of $1.42 during the same quarter last year, which would indicate a positive year over year growth rate of 12.7%. The business is expected to announce its next quarterly earnings results on Wednesday, November 1st.

According to Zacks, analysts expect that Jones Lang LaSalle will report full year earnings of $7.98 per share for the current financial year, with EPS estimates ranging from $7.61 to $8.26. For the next financial year, analysts expect that the firm will post earnings of $8.57 per share, with EPS estimates ranging from $7.71 to $9.00. Zacks Investment Research’s earnings per share averages are an average based on a survey of analysts that follow Jones Lang LaSalle.

Jones Lang LaSalle (NYSE:JLL) last posted its earnings results on Wednesday, August 2nd. The financial services provider reported $1.82 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.45 by $0.37. Jones Lang LaSalle had a return on equity of 12.04% and a net margin of 4.14%. The firm had revenue of $1.84 billion during the quarter, compared to analyst estimates of $1.76 billion. During the same period in the previous year, the company earned $1.93 EPS. The company’s revenue for the quarter was up 14.4% on a year-over-year basis.

A number of equities analysts have commented on JLL shares. BidaskClub upgraded Jones Lang LaSalle from a “hold” rating to a “buy” rating in a research note on Saturday, July 1st. Zacks Investment Research lowered Jones Lang LaSalle from a “hold” rating to a “sell” rating in a research note on Wednesday, April 19th. Bank of America Corporation restated a “buy” rating and set a $140.00 price objective on shares of Jones Lang LaSalle in a research note on Monday, May 8th. Wedbush restated a “neutral” rating and set a $115.00 price objective on shares of Jones Lang LaSalle in a research note on Monday, April 17th. Finally, ValuEngine upgraded Jones Lang LaSalle from a “hold” rating to a “buy” rating in a research note on Tuesday, May 16th. Five investment analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Jones Lang LaSalle presently has a consensus rating of “Buy” and a consensus target price of $133.43.

Shares of Jones Lang LaSalle (NYSE:JLL) traded down 0.10% on Wednesday, reaching $124.96. The company’s stock had a trading volume of 120,406 shares. Jones Lang LaSalle has a 1-year low of $86.62 and a 1-year high of $134.76. The company’s 50 day moving average is $124.63 and its 200-day moving average is $114.55. The firm has a market cap of $5.66 billion, a price-to-earnings ratio of 18.87 and a beta of 1.81.

In other news, Director Sheila A. Penrose sold 1,000 shares of Jones Lang LaSalle stock in a transaction on Monday, May 15th. The stock was sold at an average price of $115.44, for a total value of $115,440.00. Following the transaction, the director now owns 48,847 shares in the company, valued at approximately $5,638,897.68. The sale was disclosed in a filing with the SEC, which is available at the SEC website. In the last quarter, insiders sold 3,000 shares of company stock worth $361,240. Corporate insiders own 0.72% of the company’s stock.

Several institutional investors have recently modified their holdings of JLL. Prudential Financial Inc. raised its position in shares of Jones Lang LaSalle by 54.9% in the second quarter. Prudential Financial Inc. now owns 227,579 shares of the financial services provider’s stock valued at $28,448,000 after buying an additional 80,617 shares during the last quarter. Point View Wealth Management Inc. raised its position in shares of Jones Lang LaSalle by 16.7% in the second quarter. Point View Wealth Management Inc. now owns 10,941 shares of the financial services provider’s stock valued at $1,368,000 after buying an additional 1,568 shares during the last quarter. Victory Capital Management Inc. raised its position in shares of Jones Lang LaSalle by 21.6% in the second quarter. Victory Capital Management Inc. now owns 9,390 shares of the financial services provider’s stock valued at $1,174,000 after buying an additional 1,671 shares during the last quarter. Virginia Retirement Systems ET AL raised its position in shares of Jones Lang LaSalle by 0.4% in the second quarter. Virginia Retirement Systems ET AL now owns 74,500 shares of the financial services provider’s stock valued at $9,313,000 after buying an additional 300 shares during the last quarter. Finally, Federated Investors Inc. PA raised its position in shares of Jones Lang LaSalle by 11.6% in the second quarter. Federated Investors Inc. PA now owns 22,958 shares of the financial services provider’s stock valued at $2,870,000 after buying an additional 2,383 shares during the last quarter. Institutional investors own 88.66% of the company’s stock.

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Jones Lang LaSalle Company Profile

Jones Lang LaSalle Incorporated (JLL) is a financial and professional services company specializing in real estate. The Company operates through four business segments: Americas; Europe, Middle East and Africa (EMEA); Asia Pacific, and LaSalle. It offers integrated services on a local, regional and global basis to owner, occupier, investor and developer clients.

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Earnings History and Estimates for Jones Lang LaSalle (NYSE:JLL)

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