secwatch.observer — SEC 8-K summary
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Issuer:     JONES LANG LASALLE INC (JLL)
CIK:        0001037976
Form:       8-K
Filed at:   2024-02-27T23:59:59+00:00
Accession:  0001037976-24-000008
Event type: earnings
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

JLL Q4 EPS $3.57 ($4.23 adj); fee revenue down 2% YoY in local currency
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- Q4 revenue $5.9B (+4% LC); fee revenue $2.2B (-2% LC). Full-year revenue $20.8B (flat LC).
- Q4 diluted EPS $3.57; adj diluted EPS $4.23. Full-year diluted EPS $4.67; adj $7.40.
- Work Dynamics resilient revenue grew across all service lines; Capital Markets faced lowest Q4 volumes since 2011.
- Q4 operating income $290.4M (up from $254.7M); full-year $576.5M (down from $868.1M).
- Free cash flow $680.2M in Q4; $388.9M for full year vs. negative $5.9M in 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1037976/000103797624000008/0001037976-24-000008-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1037976/000103797624000008/jll-20240227.htm
  HTML page:      https://secwatch.observer/filing/0001037976-24-000008

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