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Mar 31, 2021

JLL Q1 2021 Earnings Report

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.

Key Takeaways

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.

Total Revenue
$1.44B
Previous year: $1.51B
-4.1%
EPS
$2.1
Previous year: $0.49
+328.6%
Adjusted EBITDA
$190M
Previous year: $95.6M
+98.8%
Gross Profit
$2.13B
Previous year: $2.23B
-4.6%
Cash and Equivalents
$457M
Previous year: $721M
-36.6%
Total Assets
$13.3B
Previous year: $13.9B
-4.3%

JLL

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JLL Revenue by Segment

Forward Guidance

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

Revenue & Expenses

Visualization of income flow from segment revenue to net income