JLL Q2 EPS $3.82 ($4.20 adj) vs $0.29; revenue $4.5B +18%; raises 2021 EBITDA margin target to 16-19%

JONES LANG LASALLE INC

2021-Q2 EPS reported $5.80 revenue$8,532,100,000

Diluted EPS $3.82 (adj $4.20) vs $0.29 prior-year; net income $200M vs $15.2M.
Fee revenue $1.8B, up 41% YoY; Leasing and Capital Markets nearly doubled prior-year fee revenue.
Revenue $4.5B, up 18% (22% in USD); broad-based growth across all segments and service lines.
Increased 2021 Adjusted EBITDA margin target to 16%-19% from prior range; share repurchases $100M through July.
Adjusted EBITDA $332.4M vs $103.3M; LaSalle segment EBITDA $41.1M vs $26.8M.

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