JLL Q3 2024 Earnings Report
Key Takeaways
JLL reported a strong third quarter with double-digit revenue growth and improved profitability, driven by high demand for outsourcing services and increased transactional activity. Revenue reached $5.9 billion, up 15% in local currency, with significant growth in Leasing, Capital Markets, and Work Dynamics.
Revenue increased by 15% in local currency, reaching $5.9 billion.
Diluted earnings per share increased to $3.20, compared to $1.23 in the prior year.
Adjusted diluted earnings per share rose to $3.50, up from $2.19 year-over-year.
Resilient revenues grew 16% and Transactional revenues grew 11% in local currency.
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JLL Revenue by Segment
Forward Guidance
JLL expects to continue capitalizing on significant opportunities, driving meaningful and increasingly resilient top and bottom-line growth, financial returns, and cash flow generation.
Revenue & Expenses
Visualization of income flow from segment revenue to net income