- Jones Lang’s adjusted earnings per share (EPS) for the second quarter is $3.30, exceeding the estimated $3.10.
- The company generated revenue of $6.25 billion during this period.
- Capital Markets revenue stood at $520.3 million, surpassing the estimated $500.5 million.
- Adjusted EBITDA reached $291.7 million, higher than the projected $280 million.
- The company has doubled its share repurchases in the second quarter.
- Due to strong year-to-date performance and solid business trends, the full-year adjusted EBITDA target range’s mid-point has been increased.
- There are 8 buy ratings, 4 hold ratings, and no sell ratings for the company.
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A look at Jones Lang Lasalle Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 1 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 2.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Analysts using the Smartkarma Smart Scores have provided an overall positive outlook for Jones Lang Lasalle. With a strong score in Momentum at 4, the company is showing promising signs of growth and performance in the market. Combined with solid scores in Value, Growth, and Resilience, Jones Lang Lasalle is positioned well for long-term success in the real estate and investment management sector.
Despite a lower score in Dividend at 1, the company’s strengths in other areas indicate a focus on growth and value creation for investors. Jones Lang Lasalle‘s global presence and wide range of services, from tenant representation to property management, make it a key player in serving a diverse client base. Investors may find potential in the company’s growth trajectory and market resilience based on the Smartkarma Smart Scores analysis.
Summary: Jones Lang LaSalle Incorporated provides real estate and investment management services to a wide range of clients globally. With a focus on tenant representation, property management, and other key services, the company’s strong momentum score indicates promising growth prospects, supported by solid scores in value, growth, and resilience.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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