A wide range of products and services and resilient businesses to capitalize on market consolidations bode well for Jones Lang (JLL) amid macroeconomic uncertainty and high interest rates.
JLL is navigating commercial real estate headwinds due to rising interest rates and work-from-home trends, with recovery expected as rates decrease later in 2024. JLL offers a broad range of real estate services globally, increasing its workforce by 17% since 2019, showing resilience despite industry turmoil. Q1 2024 saw a 9% revenue increase to $5.1 billion and a 150% rise in adjusted EPS, amid strong performance across business segments.
The Zacks Real Estate Operations industry players like JLL, KW and LEGH are poised to gain attention from the growing trend of outsourcing real estate services and other emerging industry trends despite elevated debt costs and market caution.
Jones Lang LaSalle (JLL) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.
Jones Lang LaSalle (JLL) reported earnings 30 days ago. What's next for the stock?
Jones Lang LaSalle (JLL) is a prudent investment pick at present as it continues to display robust fundamentals and an improvement in prospects.
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Jones Lang (JLL) announces acquisition of SKAE Power Solutions to enhance data center capabilities.