Jones Lang LaSalle: Q1 Earnings Snapshot
By AP News
Published - May 04, 2023, 07:48 AM ET
Last Updated - Jun 21, 2023, 10:55 PM EDT
CHICAGO (AP) — CHICAGO (AP) — Jones Lang LaSalle Inc. (JLL) on Thursday reported a loss of $9.2 million in its first quarter.
On a per-share basis, the Chicago-based company said it had a loss of 19 cents. Earnings, adjusted for one-time gains and costs, came to 65 cents per share.
The results missed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.69 per share.
The financial and professional services company posted revenue of $4.72 billion in the period, surpassing Street forecasts. Four analysts surveyed by Zacks expected $4.53 billion.
