# Jones Lang LaSalle Incorporated

## Earnings Overview  
### Q2 2026  
* in 3mo  
### Q1 2026  
* +15.63%  
### Q4 2025  
* +15.03%  
### Q3 2025  
* +6.13%  
### Q2 2025  
* +3.12%  
### Q1 2025  
* +14.36%  
### Q4 2024  
* +6.03%  
### Q3 2024  
* +31.09%  
### Q2 2024  
* +10.87%  
### Q1 2024  
* +109.41%  
### Q4 2023  
* +14.32%  
### Q3 2023  
* -14.47%  
### Q2 2023  
* -77.27%  
### Q1 2023  
* -61.54%  
### Q4 2022  
* -2.46%  
### Q3 2022  
* -24.78%

## Important Highlights  
- JLL reported strong Q1 2026 results with revenue up 11%, adjusted EBITDA up 24%, and adjusted EPS up 56%, driven by broad-based growth in leasing advisory (up 29%) and capital markets, with investment sales revenue up 27%, debt advisory up 30%, and equity advisory up 75%.
- For full year 2026, JLL is targeting an adjusted EPS range of $21.80 to $23.50, reflecting approximately 20% growth at the midpoint, with segment-level targets of mid-to-high single digit growth in real estate management services, high single digit growth in leasing advisory, and low double digit growth in capital markets services.
- JLL repurchased $300 million in shares during Q1 at an average price of approximately $301, including a $200 million accelerated share repurchase plan, with $2.7 billion remaining under its expanded $3 billion authorization. The company intends to remain programmatically active on repurchases.
- JLL announced a €100 million incremental investment in LaSalle's Encore Plus European fund, its second such co-investment after a $100 million investment in JLL Income Property Trust last year, with management stating returns are well above those expected from share repurchases.
- Management noted the ongoing Middle East conflict poses a limited but monitored macro risk, with potential headwinds expected to materialize more in the second half of the year if the conflict persists, particularly in energy-dependent regions like Europe and India, while the U.S. business has seen minimal impact to date.

## Company Information  
- **Symbol:** JLL  
- **IPO Date:** Jul 16, 1997  
- **CEO:** Christian Ulbrich  
- **Fulltime Employees:** 112K  
- **Sector:** Real Estate  
- **Industry:** Real Estate - Services  
- **Country:** United States  
- **Exchange:** New York Stock Exchange

## Analyst Consensus  
- **Strong Buy**  
  - Analysts: 5  
  - Bearish: 1  
  - Neutral: 4  
  - Bullish:

## Current Price  
- **Current:** $318.13  
- **Low:** $348  
- **Average:** $390.4  
- **High:** $445

## Earnings History (EPS & Revenue)  
Estimate | Beat | Miss | Match
---|---|---|---
$0.00 | $2.00 | $4.00 | $6.00
$8.00 | $10.00 | Q3 '22 | Q4 '22
Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23
Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24
Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25
Q1 '26 | Q2 '26