{"schema_version":"secwatch.filing_event.v1","accession":"0001037976-23-000028","form_type":"8-K","ticker":"JLL","cik":"0001037976","company_name":"JONES LANG LASALLE INC","filed_at":"2023-08-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:32.975298+00:00","generated_at":"2026-06-12T06:59:27.000768+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"JLL Q2 adjusted EPS $0.50, revenue $5.1B; net income falls 99% to $2.5M","bullets":["GAAP diluted EPS $0.05 (incl. $1.69 equity loss); prior-year $3.90 (incl. $0.89 equity gain).","Fee revenue $1.8B, down 13% in local currency; total revenue $5.1B, down 4%.","Adjusted EBITDA $116.1M, down 68% YoY; free cash flow improved to $198.1M (up 45%).","Cost reduction actions raised annual run-rate savings to $210M; offsetting investment in brokerage.","CEO cites recovery signs as credit spreads narrow and asset prices adjust."],"urls":{"canonical":"https://secwatch.observer/filing/0001037976-23-000028","json":"https://secwatch.observer/filing/0001037976-23-000028.json","markdown":"https://secwatch.observer/filing/0001037976-23-000028.md","text":"https://secwatch.observer/filing/0001037976-23-000028.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1037976/000103797623000028/0001037976-23-000028-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1037976/000103797623000028/jll-20230803.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T06:59:27.000768+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"46b519b443f7b2bd205b0c51bd2520f7a2bb8100","claim":"JONES LANG LASALLE INC reported the second quarter ended June 30, 2023 results: revenue $5,052.5, net income $2.5, EPS $0.05.","evidence_excerpt":"data, “LC” = local currency) Three Months Ended June 30, Six Months Ended June 30, 2023 2022 % Change in USD % Change in LC 2023 2022 % Change in USD % Change in LC Revenue $ 5,052.5 $ 5,278.4 (4) % (4) % $ 9,768.0 $ 10,079.8 (3) % (2) % Fee revenue 1 1,847.3 2,138.8 (14) (13) 3,431.3 4,039.3 (15) (14) Net income (loss) attributable to common shareholders $","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1037976/000103797623000028/0001037976-23-000028-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the second quarter ended June 30, 2023"},{"label":"Revenue","value":"$5,052.5"},{"label":"Net income","value":"$2.5"},{"label":"EPS","value":"$0.05"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}