06.11.2018 13:38:10

Jones Lang Lasalle Q3 adjusted earnings Beat Estimates

(RTTNews) - Jones Lang Lasalle (JLL) reported a profit for its third quarter that rose from the same period last year.

The company's earnings came in at $134.9 million, or $2.93 per share. This compares with $98.3 million, or $2.15 per share, in last year's third quarter.

Excluding items, Jones Lang Lasalle reported adjusted earnings of $138.9 million or $3.02 per share for the period.

Analysts had expected the company to earn $2.32 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 12.8% to $3.97 billion from $3.52 billion last year.

Jones Lang Lasalle earnings at a glance:

-Earnings (Q3): $138.9 Mln. vs. $101.3 Mln. last year. -EPS (Q3): $3.02 vs. $2.21 last year. -Analysts Estimate: $2.32 -Revenue (Q3): $3.97 Bln vs. $3.52 Bln last year.

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