JLL Q3 2021 Earnings Report
Key Takeaways
JLL reported strong Q3 2021 results with a 22% increase in revenue to $4.9 billion and an 81% increase in diluted earnings per share to $4.57. The company's performance was driven by growth in all segments and service lines, particularly in the Americas, with significant rebounds in transaction-based revenue from Capital Markets and Leasing.
Consolidated revenue reached $4.9 billion, a 22% increase, while fee revenue rose by 45% to $2.1 billion.
Diluted earnings per share increased to $4.57, up from $2.52 in the previous year, and adjusted diluted earnings per share rose to $4.56 from $2.99.
Capital Markets and Leasing experienced substantial growth, with revenue increases of 103% and 73%, respectively.
LaSalle demonstrated strong performance with significant incentive and advisory fees, and raised a record $4 billion of capital during the quarter.
JLL
JLL
JLL Revenue by Segment
Forward Guidance
JLL remains confident in its ability to drive top and bottom-line growth and create long-term value for all stakeholders.
Revenue & Expenses
Visualization of income flow from segment revenue to net income