---
schema_version: "secwatch.filing_event.v1"
accession: "0001037976-23-000013"
form_type: "8-K"
ticker: "JLL"
cik: "0001037976"
company_name: "JONES LANG LASALLE INC"
filed_at: "2023-05-04T23:59:59+00:00"
generated_at: "2026-06-15T19:30:40.072357+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# JLL reports Q1 net loss of $9.2M; adjusted EPS $0.65 vs $3.47 prior year

## Summary
- Revenue $4.7B (+1% LC); fee revenue $1.6B (-15% LC); diluted loss per share ($0.19), adjusted EPS $0.65.
- Capital Markets and Leasing activity declined vs robust prior year; Work Dynamics double-digit growth.
- Adjusted EBITDA $109M vs $273.6M prior year (-60% USD); net loss attributable to common shareholders $9.2M vs income $145.6M.
- Run-rate fixed expense growth partially offset by cost reduction actions; CEO cites market-wide transaction slowdown.

## SEC filing metadata
- accession: 0001037976-23-000013
- form_type: 8-K
- ticker: JLL
- cik: 0001037976
- company_name: JONES LANG LASALLE INC
- filed_at: 2023-05-04T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1037976/000103797623000013/0001037976-23-000013-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1037976/000103797623000013/jll-20230504.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001037976-23-000013
- JSON: https://secwatch.observer/filing/0001037976-23-000013.json
- Plain text: https://secwatch.observer/filing/0001037976-23-000013.txt

## Key facts
- Earnings Releases
  JONES LANG LASALLE INC reported the first quarter ended March 31, 2023 results: revenue $4,715.5 million, net income $(9.2) million, EPS $(0.19) per diluted share.
  - Period: the first quarter ended March 31, 2023
  - Revenue: $4,715.5 million
  - Net income: $(9.2) million
  - EPS: $(0.19) per diluted share
  - Result: reported results
  source text: today reported operating performance for first-quarter 2023 with diluted loss per share of $0.19 and adjusted diluted earnings per share 1 of $0.65. • First-quarter revenue was $4.7 billion, up 1% in local currency, and fee revenue 1 was $1.6 billion, down 15% in local currency ◦ Market-wide transaction slowdown continued to impact Capital Markets activity, which
  evidence_url: https://www.sec.gov/Archives/edgar/data/1037976/000103797623000013/0001037976-23-000013-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.