Jones Lang LaSalle (JLL) Reports Q4 Earnings: What Key Metrics Have to Say

Core Insights - Jones Lang LaSalle (JLL) reported a revenue of $6.81 billion for Q4 2024, marking a year-over-year increase of 15.8% and an EPS of$ 6.15 compared to $4.23 a year ago, exceeding the Zacks Consensus Estimate of$ 6.48 billion by 5.03% [1] - The company demonstrated an EPS surprise of 6.03%, with the consensus EPS estimate being $5.80 [1] Revenue Performance - Revenue from Capital Markets - Loan Servicing was$ 40 million, below the average estimate of $44.77 million, reflecting a year-over-year change of +5% [4] - Revenue from LaSalle - Transaction fees and other reached$ 9.10 million, surpassing the estimate of $8.43 million, with a year-over-year increase of +23% [4] - Capital Markets revenue was reported at$ 706.40 million, exceeding the average estimate of $654.43 million, representing a +31.5% year-over-year change [4] - JLL Technologies generated$ 59.30 million, below the average estimate of $63.16 million, indicating a year-over-year decline of -9.5% [4] - Revenue from Capital Markets - Value and Risk Advisory was$ 111 million, slightly below the average estimate of $119.12 million, with a +3.1% year-over-year change [4] - LaSalle revenue was$ 160.60 million, significantly above the average estimate of $103.52 million, reflecting a +39.3% year-over-year increase [4] - LaSalle - Advisory fees totaled$ 95.70 million, exceeding the average estimate of $91.24 million, with a +3.1% year-over-year change [4] - Revenue from Capital Markets - Investment Sales, Debt/Equity Advisory and Other was$ 547.70 million, surpassing the average estimate of $490.54 million, representing a +40% year-over-year change [4] - LaSalle - Incentive fees reached$ 55.80 million, significantly above the average estimate of $3.85 million, indicating a remarkable +580.5% year-over-year increase [4] - Markets Advisory - Advisory, Consulting and Other generated$ 37.10 million, slightly above the estimate of $36.88 million, with an +8.8% year-over-year change [4] - Markets Advisory - Leasing revenue was$ 814.40 million, close to the estimate of $817.36 million, reflecting a +13.5% year-over-year change [4] Stock Performance - Shares of Jones Lang LaSalle returned +4% over the past month, compared to the Zacks S&P 500 composite's +4.7% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]