NYSE$JLL

Jones Lang Lasalle Inc · Q1 2021 earnings

Q1 2021 earnings · · Investor relations

Briefing

JLL's commitment to delivering value to stakeholders across its global, scaled platform and reflected its investments in technology growth initiatives while prudently managing expenses was demonstrated.

JLL reported strong first-quarter results with a consolidated revenue of $4.0 billion. Diluted earnings per share increased to $1.97, and adjusted diluted earnings per share rose to $2.10.

  • Consolidated revenue was $4.0 billion, a decrease of 4%.
  • Diluted earnings per share increased to $1.97, up from $0.10 last year.
  • Adjusted diluted earnings per share increased to $2.10, up from $0.49 last year.
  • Transaction-based service lines reflected improving economic conditions, especially in Asia Pacific.

Headline financials

Total Revenue

$4.04B

Previous: $4.1B-1.4%
EPS (adj)

$2.10

Previous: $0.49+328.6%
Adjusted EBITDA

$190M

Previous: $95.6M+98.8%
Free Cash Flow

$103M

Previous: $5.3M+1843.4%
Net Income

$103M

Previous: $5.3M+1843.4%
Operating Income

$80.7M

Previous: $64.6M+24.9%
Gross Profit

$4.04B

Previous: $4.1B-1.4%
Cash & Equivalents

$457M

Previous: $721M-36.6%
Total Assets

$13.3B

Previous: $13.9B-4.3%
Stock-Based Comp

$6M

Previous: $11.2M-46.4%

Revenue & EPS history

JLL · Revenue · Quarterly

$4.04B

Q1 2021-1.4%vs Q1 2020
Beat estimate in 11 of 16 quarters(69%)
ActualEstimate

Revenue by segment

JLL · $770M total across 2 segments · Q1 2021

  • Leasing Advisory
    $450M-8.7%
  • Capital Markets Services
    $320M-6.4%

Forward guidance

Statements in the news release regarding future financial results and performance, achievements, plans, and objectives may be considered forward-looking statements.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2021

Historical avgQ1 2021

+1.2%

Avg return

Earnings day

+1.6%

Avg return

5 days after

+2.2%

Avg return

30 days after

66%

45 / 68 earnings

Positive

+15.9%

Q3 2023

Best reaction

-14.6%

Q3 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+3.7%-6.1%-16.7%
Q4 2025+9.8%+6.1%+2.4%
Q3 2025-3.8%+0.2%+9.6%
Q1 2025-0.6%+4.6%+0.1%
Q4 2024-0.9%-6.4%-11.2%
Q3 2024-5.1%-2.4%-0.9%
Q2 2024-0.9%+2.7%+7.5%
Q1 2024+2.6%+5.6%+7.8%
Q4 2023+0.4%+4.3%+5.5%
Q3 2023+15.9%+11.2%+23.5%
Q2 2023+1.7%+5.8%+6.2%
Q1 2023+0.8%-1.5%+10.0%
Q4 2022+4.2%+3.3%-16.1%
Q3 2022-14.6%-9.3%+3.0%
Q2 2022-5.1%-3.7%-8.0%
Q1 2022-4.0%-3.9%-8.3%
Q4 2021+0.8%-8.4%-0.3%
Q3 2021+1.9%+4.3%-6.8%
Q2 2021+12.5%+12.2%+10.2%
Q1 2021+1.1%+5.0%+6.0%
Q4 2020-1.5%-0.6%+11.8%
Q3 2020+2.1%+3.4%+19.8%
Q2 2020-1.5%+9.6%+7.2%
Q1 2020-4.5%+3.1%+15.4%
Q4 2019-1.3%-0.7%-29.1%
Q3 2019+4.6%+7.1%+11.6%
Q2 2019+2.7%+4.7%+1.2%
Q1 2019-6.8%-8.6%-14.2%
Q4 2018+11.9%+12.8%+10.6%
Q3 2018+5.4%+1.5%+0.2%
Q2 2018-9.1%-13.3%-15.5%
Q1 2018+1.5%+0.2%-1.5%
Q4 2017+2.8%+3.7%+17.2%
Q3 2017+6.7%+9.2%+11.9%
Q2 2017-1.4%-1.2%-3.0%
Q1 2017+4.7%+3.1%+0.7%
Q4 2016+0.4%+2.1%+9.2%
Q3 2016-8.1%-4.1%+4.3%
Q2 2016+5.5%+6.7%+5.8%
Q1 2016+2.1%
Q4 2015-12.4%
Q3 2015+9.6%
Q2 2015+3.0%
Q1 2015+3.1%
Q4 2014+8.5%
Q3 2014+2.7%
Q2 2014+0.6%
Q1 2014-0.2%
Q4 2013+7.2%
Q3 2013+13.0%
Q2 2013-3.6%
Q1 2013-0.4%
Q4 2012+0.7%
Q3 2012+3.4%
Q2 2012-2.8%
Q1 2012+6.4%
Q4 2011-0.9%
Q3 2011+1.2%
Q2 2011-14.4%
Q1 2010+0.2%
Q1 2011+5.0%
Q4 2010+4.0%
Q4 2008+4.0%
Q3 2010+1.4%
Q3 2009+1.4%
Q2 2010+2.1%
Q4 2009+2.1%
Q2 2009+2.1%

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