Jones Lang Lasalle Earnings Preview: Get Ahead of the Analysts

Jones Lang Lasalle (NYSE:JLL) will report earnings after markets close on Tuesday, April 30th. Jones Lang LaSalle Incorporated provides real estate and investment management services. The Company serves multinationals, corporations, institutions, occupiers, and investors from offices in markets located around the world. Jones Lang provides services such as tenant representation, property management, agency leasing, finance, and valuations.

Here is your Cheat Sheet to Jones Lang Lasalle Earnings:

Earnings Expectations: Analysts expect earnings of $0.23 per share on revenues of $844.69 million. Currently, the company’s P/E ratio stands at 20.41.

Analyst Trends:

Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $1.41 to a profit $1.42. For the current year, the average estimate is a profit of $6.21, which is worse than the estimate ninety days ago.

Earnings Trends:

Here’s how Jones Lang Lasalle has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 2,698 2,481 2,926 3,585 3,933
Diluted EPS ($) 2.44 -0.11 3.48 3.70 4.63

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Dec. 31, 2011 Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 1,148 813.29 921.34 949.49 1,249
Diluted EPS ($) 1.912 0.31 0.83 1.10 2.378

Past Performance:
Jones Lang Lasalle has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)