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.
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 $6.21, which is worse than the estimate ninety days ago.
Here’s how Jones Lang Lasalle has been performing on an annual basis:
|Revenue ($) 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|
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)