Jones Lang LaSalle Inc
JLL: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| $xJ | LOCK|%Gm^ | LOCK|mg^&bGW |
Jones Lang LaSalle Earnings: Rebounding Transactional Revenue Drives Higher Profitability
JLL reported decent numbers in the first quarter as both transactional and resilient revenue grew well. The firm reported adjusted EPS of $2.31 per share, 28% higher compared with the previous year on the back of higher transactional revenue that was partially offset by investments in services.
