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.
Jones Lang LaSalle (JLL) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
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Shares of Jones Lang LaSalle Incorporated JLL, popularly known as JLL, have gained 12.6% in the past month, outperforming the industry's growth of 11.8%.
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The mean of analysts' price targets for Jones Lang LaSalle (JLL) points to a 27% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
I continue to rate Jones Lang LaSalle as a 'Buy', as I think its shares are undervalued. The company's targeted +16% EPS CAGR for the long run is realistic, considering multiple growth and profitability levers. But the stock is valued by the market at a PEG of 0.75x, this implies a potential upside of +33% assuming an eventual re-rating to 1x.
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Jones Lang LaSalle (JLL) reported earnings 30 days ago. What's next for the stock?
Jones Lang LaSalle (JLL) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Cinctive Capital Management LP acquired a new position in shares of Jones Lang LaSalle Incorporated (NYSE: JLL) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 15,138 shares of the financial services provider's stock, valued at approximately $4,515,000. Several other
JLL unveils the Accelerate 2030 strategy, targeting 8% revenue, 12% EBITDA and 16% EPS growth, while boosting buybacks to $3B to scale data, tech and AI-driven services.