JLL

CHICAGO, June 25, 2026 /PRNewswire/ -- Jones Lang LaSalle Incorporated (NYSE: JLL) will host a conference call and webcast to discuss second quarter 2026 results on Thursday, July 30, 2026, at 9 a.m. Eastern time. The conference call can be accessed live over the phone by dialing (833) 461-5787; the conference ID number is 876293188. Listeners are asked to please dial in 10 minutes prior to the call start time and provide the conference ID number to be connected. The conference call will also be webcast live from the company's Investor Relations website at ir.jll.com. The presentation slides to supplement the webcast will be available in the Events & Presentations section of the Investor Relations website shortly before the webcast begins. The webcast replay will be available for 12 months following the event on the Investor Relations website. For further information, please contact JLL's Investor Relations department at: [email protected]. About JLL JLL (NYSE: JLL) is a leading global commercial real estate services and investment management company with annual revenue of $26.1 billion, operations in over 80 countries and a global workforce of more than 113,000 as of March 31, 2026. For over 200 years, clients have trusted JLL, a Fortune 500® company, to help them confidently buy, build, occupy, manage and invest across a variety of industries and property types, including office, industrial, hotel, multi-family, retail and data center properties. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAY. Powered by rich global datasets and leading technology capabilities, we provide coordinated, end-to-end delivery of real estate services for a broad range of global clients who represent a wide variety of industries. Through LaSalle Investment Management, we invest for clients on a global basis in both private assets and publicly traded real estate securities. For further information, visit ir.jll.com. Contact: Allison OlpPhone: +1 312 228 3128Email: [email protected] View original content to download multimedia:https://www.prnewswire.com/news-releases/jll-announces-details-of-second-quarter-2026-earnings-release-and-conference-call-302808529.html

Looking back on consumer discretionary - real estate services stocks’ Q1 earnings, we examine this quarter’s best and worst performers, including JLL (NYSE:JLL) and its peers. The Consumer Discretionary sector, by definition, is made up of companies selling non-essential goods and services. When economic conditions deteriorate or tastes shift, consumers can easily cut back or eliminate these purchases. For long-term investors with five-year holding periods, this creates a structural challenge: the sector is inherently hit-driven, with low switching costs and fickle customers. As a result, only a handful of companies can reliably grow demand and compound earnings over long periods, which is why our bar is high and High Quality ratings are rare. Real estate services companies provide brokerage, property management, appraisal, and advisory services, earning transaction-based commissions and recurring management fees. Tailwinds include long-term housing demand driven by demographic growth, technology platforms that expand market access, and commercial real estate complexity that sustains advisory needs. Headwinds are pronounced: rising interest rates directly suppress transaction volumes by reducing housing affordability and commercial deal activity. Commission-rate compression, driven by discount brokerages and regulatory changes, erodes per-transaction revenue. The industry is highly cyclical, with revenue swings amplified by leverage. PropTech (property technology) disruptors threaten traditional intermediary models. The 14 consumer discretionary - real estate services stocks we track reported a strong Q1. As a group, revenues beat analysts’ consensus estimates by 2.3% while next quarter’s revenue guidance was 2.7% above. While some consumer discretionary - real estate services stocks have fared somewhat better than others, they have collectively declined. On average, share prices are down 4.4% since the latest earnings results. Founded in 1999 through the merger of Jones Lang Wootton and LaSalle Partners, JLL (NYSE:JLL) is a company specializing in real estate advisory and investment management services. JLL reported revenues of $6.39 billion, up 11.1% year on year. This print exceeded analysts’ expectations by 6.6%. Overall, it was a very strong quarter for the company with an impressive beat of analysts’ revenue and EPS estimates. "JLL achieved very strong...

Find your next quality investment with Simply Wall St's easy and powerful screener, trusted by over 7 million individual investors worldwide. Jones Lang LaSalle (JLL) stock is back on investors’ radar after the company reported first quarter 2026 earnings, with higher sales, stronger net income and rising earnings per share compared with a year earlier. See our latest analysis for Jones Lang LaSalle. At a share price of $328.06, JLL has a 7 day share price return of 3.12% and a 30 day share price return of 6.44%, while the 90 day share price return is a 4.29% decline. However, the 1 year total shareholder return of 44.03% and 3 year total shareholder return of about 14x indicate that longer term momentum has been strong, even as short term moves reset expectations after recent earnings, buybacks and high profile hotel financing deals. If JLL’s move has you thinking about where capital could work next, it is worth scanning opportunities among 18 top founder-led companies With JLL trading at $328.06, a value score of 5 and an estimated intrinsic discount of about 33%, the question for you is simple: is this a mispriced real estate platform, or is the market already banking on future growth? At $328.06, the most followed narrative puts Jones Lang LaSalle’s fair value at $383, implying a discount that rests on specific growth and margin assumptions rather than sentiment alone. Read the complete narrative. Want to see what sits behind that recurring revenue story and margin uplift? The narrative leans on measured revenue growth, firmer profitability and a future earnings multiple that is not extreme by sector standards, yet still assumes meaningful compounding in both earnings and cash generation to get to $383. Result: Fair Value of $383 (UNDERVALUED) Have a read of the narrative in full and understand what's behind the forecasts. However, you still need to weigh the risk that weaker Capital Markets and Leasing activity, or higher contract churn in Property Management, could unsettle that undervaluation story. Find out about the key risks to this Jones Lang LaSalle narrative. If this narrative feels optimistic, treat it as a prompt rather than an answer and stress test it against your own numbers and expectations. To see what investors are currently excited about, review the 4 key rewards If JLL has sharpened your focus, do not stop here. Use targeted stock list...

Zillow Group, Inc. Z delivered first-quarter 2026 adjusted earnings of 53 cents per share, which rose 29.3% year over year and beat the Zacks Consensus Estimate by 23.3%. The upside reflected broad-based strength across the For Sale business and continued momentum in Rentals. Total revenues came in at $708 million, up 18.4% year over year and narrowly ahead of the consensus mark of $704.27 million. Multifamily revenues, a key Rentals growth lever, increased 57% year over year during the quarter. Z generated For Sale revenues of $514 million in the first quarter, increasing 12.2% year over year. Residential revenues rose 8% year over year to $450 million, driven by growth across Preferred, Zillow Showcase, the company’s suite of agent software tools and its New Construction marketplace. Mortgage revenues climbed 56% year over year to $64 million, primarily due to a 96% increase in purchase loan origination volume to $1.5 billion. Rentals revenues increased 42% year over year to $183 million, reflecting continued progress in scaling the platform’s marketplace reach and monetization. Management attributed the growth primarily to strength in multifamily, supported by both audience and partner adoption. Operationally, Zillow continued to add supply. Multifamily properties advertising across Zillow reached 76,000 at quarter-end, up 38% from the end of the first quarter of 2025. Zillow also reported 2.7 million average monthly active rental listings in the quarter, reinforcing the breadth of inventory that underpins engagement and lead volume. Z produced gross profit of $519 million in the quarter, up 13.1% year over year, as total revenue growth outpaced expense growth across several major lines. Gross profit as a percentage of revenue was 73.3%, down from 76.8% a year ago, reflecting a heavier cost profile tied to growth initiatives and mortgage-related activity. Total operating expenses and the cost of revenues were $672 million, up 10.7% year over year, with the higher cost of revenues cited as a key driver. Management noted that the cost of revenues increased $50 million year over year, primarily tied to higher lead acquisition costs associated with the rentals syndication agreement with Redfin and higher mortgage loan processing costs due to increased purchase loan origination volume. Despite the cost headwinds, Adjusted EBITDA was $182 million, and the Adjus...

Jones Lang LaSalle Incorporated JLL posted first-quarter 2026 adjusted earnings of $3.43 per share, up 48.5% from $2.31 a year ago and ahead of the Zacks Consensus Estimate of $2.88 by 19.1%. Total revenues rose 11.1% year over year to $6.39 billion and topped the consensus mark of $6.04 billion by 5.77%. The quarter benefited from strength across both transaction-based and recurring service lines, alongside continued platform leverage. In investment management, assets under management ended the quarter at $86.9 billion, up from $86.4 billion at Dec. 31, 2025. Real Estate Management Services remained the largest contributor, with revenues of $5.07 billion, up 9.5% year over year. Growth was led by Workplace Management revenues of $3.58 billion, which increased 10%, and Project Management revenues of $844 million, which rose 13%. This increase reflected a mix of new client wins, mandate expansions and higher pass-through costs. Within the same segment, Property Management revenues increased 6% to $471.1 million, while Portfolio Services and Other revenues were $110.9 million, down 2% year over year. Software and Technology Solutions revenues declined 1% to $56.8 million after the reporting change that moved the unit into Real Estate Management Services. Leasing Advisory revenues were $686.3 million, up 17.1% year over year. Management highlighted continued momentum in the office sector and an acceleration in industrial leasing. Many geographies achieved double-digit revenue growth during the quarter, led by broad-based U.S. growth supported by office, where both average deal size and volume increased, and by industrial, where larger deal size drove performance. Capital Markets Services revenues climbed 22.9% to $535.2 million. Investment Sales, Debt/Equity Advisory and Other revenue (excluding net non-cash MSR activity) was $408 million, up 25.3% year over year. The increase in segment revenues was broad-based across most geographies and was led by the United States, Japan and the U.K. Revenues in the Investment Management segment increased nearly 1% year over year to $99.3 million. Advisory fees grew modestly, reflecting capital raise activity over the trailing 12 months, most notably in North America. JLL ended the quarter with cash and cash equivalents of $436.2 million, down from $599.1 million at Dec. 31, 2025. Corporate liquidity was $3.40 billion at Ma...

Very strong Q1 performance: JLL reported record first-quarter revenue and earnings with revenue up ~11% (mostly organic), adjusted EBITDA +24% and adjusted EPS +56%, and management said results are trending toward the high end of full‑year guidance ($21.80–$23.50). Active capital allocation: The firm repurchased $300 million of shares in Q1 (including a $200 million ASR) with ~2% fewer shares outstanding and $2.7 billion remaining on the buyback authorization, while also committing firm capital to LaSalle strategies (including an incremental €100 million to Encore+ and an initial ~$300 million decarbonization fund target). AI and data as a competitive edge: JLL says decade‑long investment in its data platform is driving productivity and market‑share gains, with ~75% adoption of core enablement products and 25,000 employees using enterprise AI applications daily. Interested in Jones Lang LaSalle Incorporated? Here are five stocks we like better. Top 5 Stocks to Watch for AI-Driven Gains That Aren’t NVIDIA Jones Lang LaSalle (NYSE:JLL) executives used the company’s first-quarter 2026 earnings call to highlight what CEO Christian Ulbrich called a “very strong quarter” to start the year, citing record first-quarter revenue and earnings driven by broad-based strength in its advisory businesses and continued growth in resilient, outsourcing-oriented revenue streams. Ulbrich said momentum in Leasing Advisory was led by the office and industrial sectors, while capital markets performance benefited from growth “across nearly all sectors and geographies.” He also attributed productivity gains and market share progress to the firm’s “data and AI advantage,” adding that increased revenue alongside “disciplined operating rigor” helped drive profit growth and margin expansion. CFO Kelly Howe said adjusted EBITDA increased 24% and adjusted EPS rose 56% versus the prior year period. → Corning Beats Q1 Estimates but Drops 9% on Guidance Miss Renewed Analyst Sentiment for CBRE Group Stock: Buy the Dip? Howe reported revenue increased 11% (including a 200-basis-point foreign currency benefit) and was “almost entirely organic,” with margin expansion year over year. She walked through results by segment, emphasizing that her commentary reflected local-currency underlying performance. In Real Estate Management Services, Howe said revenue growth was led by workplace management and...

Record first quarter revenue and earnings were driven by broad-based momentum in core advisory businesses, particularly within office and industrial leasing and global capital markets. Management attributes productivity gains and market share growth to a decade of investment in proprietary data and AI, which is now being utilized by 25,000 employees daily. The company is successfully transitioning its Property Management portfolio, having exited or repositioned approximately 60% of targeted low-margin contracts in Asia Pacific. Resilient revenue streams, including outsourcing and project management, grew high single digits, providing a stable foundation against transactional volatility. Performance in office leasing notably outpaced market volumes, supported by demand from the AI ecosystem and financial services sectors in gateway markets like New York and San Francisco. Operational rigor and revenue growth unlocked significant profit expansion, with adjusted EBITDA increasing 24% and adjusted EPS rising 56%. Full-year adjusted EPS guidance is set at $21.80 to $23.50, with current trends tracking toward the upper end of the range despite limited late-year visibility. Management expects high single-digit revenue growth in Leasing Advisory and low double-digit growth in Capital Markets for the full year 2026. The guidance framework assumes potential macroeconomic headwinds from prolonged Middle East tensions could impact the global economy in the second half of the year. Commission tier headwinds in the leasing business are expected to moderate over the course of the year after an early peak in Q1. Investment Management advisory fee growth is projected to pick up gradually as capital raised over the prior 12 months is deployed into the market. JLL committed an incremental EUR 100 million to the LaSalle Encore+ Fund to support growth and signal confidence to third-party investors. The company launched a global decarbonization fund in partnership with Shell's business lines, focusing on a retrofit-led approach to address the scarcity of energy-efficient properties. to address the scarcity of energy-efficient properties through retrofitting. Share repurchases totaled $300 million in Q1, including a $200 million accelerated program, reflecting a commitment to programmatic capital return. Management flagged the Middle East conflict as a potential risk to global ene...

For the quarter ended March 2026, Jones Lang LaSalle (JLL) reported revenue of $6.39 billion, up 11.1% over the same period last year. EPS came in at $3.43, compared to $2.31 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $6.04 billion, representing a surprise of +5.77%. The company delivered an EPS surprise of +19.1%, with the consensus EPS estimate being $2.88. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance. As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately. Here is how Jones Lang LaSalle performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Adjusted EBITDA- Leasing Advisory / Markets Advisory: $116.9 million versus the two-analyst average estimate of $103.07 million. Adjusted EBITDA- Investment Management: $15 million versus the two-analyst average estimate of $16.78 million. Adjusted EBITDA- Real Estate Management Services: $65.4 million versus the two-analyst average estimate of $73.32 million. Adjusted EBITDA- Capital Markets: $77.1 million versus $56.41 million estimated by two analysts on average. View all Key Company Metrics for Jones Lang LaSalle here>>> Shares of Jones Lang LaSalle have returned +10.8% over the past month versus the Zacks S&P 500 composite's +12.2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Jones Lang LaSalle Incorporated (JLL) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

JLL achieved a record first-quarter diluted earnings per share of $3.33, up 207% versus the prior-year quarter (in local currency1) CHICAGO, April 30, 2026 /PRNewswire/ -- Jones Lang LaSalle Incorporated (NYSE: JLL) today reported operating performance for the first quarter of 2026. Diluted earnings per share was $3.33, up 192% in USD and 207% in local currency (LC), and adjusted diluted earnings per share1 was $3.43, up 48% in USD and 56% in LC. First-quarter revenue was $6.4 billion, up 11% in USD (9% in LC1), with Advisory4 revenues up 17% in LC and Resilient4 revenues up 7% in LC Real Estate Management Services grew 7% in LC, driven by strength in Workplace Management and Project Management Leasing Advisory increased 16% in LC, led by the U.S. with continued momentum in office and an acceleration in industrial Capital Markets Services was up 21% in LC, with broad-based growth across geographies, led by Investment Sales, Debt and Equity Advisory Continued profit and margin expansion led by revenue growth and incremental platform leverage Share repurchases were $300 million this quarter, including a $200 million accelerated share repurchase launched in March The company committed to an incremental €100 million investment in the LaSalle Encore+ Fund "JLL achieved very strong results to start the year," said Christian Ulbrich, JLL CEO. "We continue to deliver robust growth with margin expansion and market share gains as clients focus on trusted partnerships and the highest-quality insight and execution. In a fluid macro environment, our Accelerate 2030 strategy positions JLL for long-term sustainable growth and expanding returns as we further build on our data and AI advantage and scale our core services." Consolidated First-Quarter 2026 Performance Highlights: Revenue Revenue increased 9% compared with the prior-year quarter. Collectively, Advisory revenues grew 17%, led by Leasing Advisory, up 16%, and Investment Sales, Debt/Equity Advisory and Other, within Capital Markets Services, up 23% (excluding the impact of non-cash MSR and mortgage banking derivative activity). The aggregate 7% increase in Resilient revenues was highlighted by Workplace Management, up 8%, and Project Management, up 10%, both within Real Estate Management Services. Refer to segment performance highlights for additional detail. The following chart reflects the year-over-year change...

Jones Lang LaSalle (JLL) came out with quarterly earnings of $3.43 per share, beating the Zacks Consensus Estimate of $2.88 per share. This compares to earnings of $2.31 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +19.10%. A quarter ago, it was expected that this financial and professional services company would post earnings of $7.25 per share when it actually produced earnings of $8.71, delivering a surprise of +20.14%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Jones Lang LaSalle, which belongs to the Zacks Real Estate - Operations industry, posted revenues of $6.39 billion for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 5.77%. This compares to year-ago revenues of $5.75 billion. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Jones Lang LaSalle shares have added about 0.7% since the beginning of the year versus the S&P 500's gain of 4.2%. While Jones Lang LaSalle has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Jones Lang LaSalle was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near futu...

CHICAGO (AP) — CHICAGO (AP) — Jones Lang LaSalle Inc. (JLL) on Thursday reported first-quarter net income of $159 million. The Chicago-based company said it had net income of $3.33 per share. Earnings, adjusted for one-time gains and costs, came to $3.43 per share. The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $2.88 per share. The financial and professional services company posted revenue of $6.39 billion in the period, which also topped Street forecasts. Four analysts surveyed by Zacks expected $6.04 billion. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on JLL at https://www.zacks.com/ap/JLL

Jones Lang LaSalle (JLL) shares were down more than 3% in early trading Thursday even after the comp