secwatch.observer — SEC 8-K summary
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Issuer:     JONES LANG LASALLE INC (JLL)
CIK:        0001037976
Form:       8-K
Filed at:   2022-11-02T23:59:59+00:00
Accession:  0001037976-22-000034
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

JLL Q3 2022 EPS $2.88 vs $4.57; revenue up 10% in local currency; capex outlook soft
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- Diluted EPS $2.88 ($3.40 adjusted) vs $4.57 prior year; net income down 41%.
- Revenue $5.2B (+10% LC); fee revenue $2.0B (+4% LC).
- Work Dynamics fee revenue +14%; Capital Markets fee revenue -5% due to industry slowdown.
- Increased borrowing capacity of Credit Facility to $3.35B; redeemed $275M Senior Notes.
- Free cash flow Q3 $88.4M vs $414.6M prior year; YTD negative $537.9M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1037976/000103797622000034/0001037976-22-000034-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1037976/000103797622000034/jll-20221102.htm
  HTML page:      https://secwatch.observer/filing/0001037976-22-000034

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer