JLL Q3 2020 Earnings Report
Key Takeaways
JLL reported Q3 2020 results with revenue of $4.0 billion and diluted earnings per share of $2.52. The company's profitability grew compared to the second quarter, demonstrating the resilience of its global platform. Strong operating cash flows drove net debt below pre-HFF-acquisition level and the company resumed share repurchases.
Consolidated revenue was $4.0 billion, a decrease of 12%.
Margin performance benefited from expanded cost mitigation actions and government relief.
LaSalle achieved solid advisory fee growth and raised over $2 billion of capital this quarter.
Strong operating cash flows drove net debt to below pre-HFF-acquisition level.
JLL
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JLL Revenue by Segment
Forward Guidance
No specific forward guidance provided in the current report.
Revenue & Expenses
Visualization of income flow from segment revenue to net income