JLL (JLL) Misses Q2 EPS by 32c, Revenues Beat

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JLL Reports Second-Quarter 2020 Results

August 6, 2020 7:30 AM EDT

CHICAGO, August 6, 2020 /PRNewswire/ -- Jones Lang LaSalle Incorporated (NYSE: JLL) today reported operating performance for the second quarter of 2020 with diluted earnings per share of $0.29 and adjusted diluted earnings per share1 of $0.71.

Consolidated revenue was $3.7 billion and fee revenue1 was $1.2 billion, decreases of 13% and 22%, respectively Transaction-based service lines heavily impacted by pandemic Resilience of Property & Facility Management, led by Corporate Solutions, demonstrated the strength of globally-diversified platform LaSalle delivered stable advisory feesSignificant debt reduction continued to underscore strong balance sheet and... More