8-K
filed February 28, 2023, 6:59 PM ET
ticker JLL
CIK 0001037976
earnings
confidence high
sentiment negative
materiality 0.80
JLL Q4 2022 EPS $3.62, down 56% YoY; fee revenue falls 16% in local currency
JONES LANG LASALLE INC
2022-FY EPS reported
$13.27
revenue$20,862,100,000
- Net income $174.8M vs $421.4M prior year; adjusted EPS $4.36 vs $8.66.
- Revenue $5.6B (-2% LC); fee revenue $2.2B (-16% LC) driven by Capital Markets and Markets Advisory declines.
- Work Dynamics annuity business grew, but higher fixed costs and lower equity earnings from JLL Technologies and LaSalle hurt margins.
- CEO expects market recovery in H2 2023; cost structure reduced in response to challenging environment.
- Full-year 2022 diluted EPS $13.27 vs $18.47; adjusted EPS $15.71 vs $19.47.
Key facts
Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 1.0
JONES LANG LASALLE INC reported year ended December 31, 2022 results: revenue $20,862.1, net income $654.5, EPS $13.27.
- Period
- year ended December 31, 2022
- Revenue
- $20,862.1
- Net income
- $654.5
- EPS
- $13.27
- Result
- reported results
Exact text from the filing
Revenue $ 5,604.8 $ 5,945.7 (6) % (2) % $ 20,862.1 $ 19,367.0 8 % 11 % Fee revenue 1 2,214.1 2,748.1 (19) (16) 8,302.0 8,017.5 4 7 Net income attributable to common shareholders $ 174.8 $ 421.4 (59) % (55) % $ 654.5 $ 961.6 (32) % (30) % Adjusted net income attributable to common shareholders 1 210.6 447.0 (53) (49) 775.1 1,013.6 (24) (21) Diluted earnings per share $ 3.62 $ 8.16 (56) % (52) % $ 13.27 $ 18.47 (28) % (26) %
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 1.0
JONES LANG LASALLE INC reported three months ended December 31, 2022 results: revenue $5,604.8, net income $174.8, EPS $3.62.
- Period
- three months ended December 31, 2022
- Revenue
- $5,604.8
- Net income
- $174.8
- EPS
- $3.62
- Result
- reported results
Exact text from the filing
Revenue $ 5,604.8 $ 5,945.7 (6) % (2) % $ 20,862.1 $ 19,367.0 8 % 11 % Fee revenue 1 2,214.1 2,748.1 (19) (16) 8,302.0 8,017.5 4 7 Net income attributable to common shareholders $ 174.8 $ 421.4 (59) % (55) % $ 654.5 $ 961.6 (32) % (30) % Adjusted net income attributable to common shareholders 1 210.6 447.0 (53) (49) 775.1 1,013.6 (24) (21) Diluted earnings per share $ 3.62 $ 8.16 (56) % (52) % $ 13.27 $ 18.47 (28) % (26) %
View on SEC.gov
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