Jones Lang LaSalle Incorporated (JLL) Misses Q1 EPS by 46c, Revenues Beat
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JLL Reports Solid First-Quarter 2020 Results
May 5, 2020 7:30 AM EDTCHICAGO, May 5, 2020 /PRNewswire/ -- Jones Lang LaSalle Incorporated (NYSE: JLL) today reported operating performance for the first quarter of 2020 with diluted earnings per share of $0.10 and adjusted diluted earnings per share1 of $0.49.
Record consolidated revenue of $4.1 billion and fee revenue1 of $1.5 billion, increased 9% and 15%, respectively Americas Leasing extended impressive trend of quarterly growth Organic RES fee revenue growth of 5% despite COVID-19 challenges Double-digit increase in facilities management fueled Corporate SolutionsNon-cash charges related to COVID-19 significantly impact otherwise healthy margin development... More