Jones Lang LaSalle soars after big Q3 results


Adjusted EPS of $1.49 is up 21% Y/Y on revenues of $1.1B, up 19%. Fee revenue of $989M gained 15%.

Capital Markets & Hotels revenue of $163.5M up 46%. Property & Facility Management revenue of $233.7M up 17%.

Operations in the BRICs are stabilizing or improving with the exception of Brazil which "continues to be challenging."

Americas revenue of $484,1M up 13%, EMEA revenue of $265.7M up 24%, Asia-Pacific revenue of $203.4M up 19%.

JLL +13.2%.

Q3 supplemental slides.

Earlier: Q3 results.

Other commercial players: CBRE Group (CBG +3.3%), Kennedy-Wilson (KW +1.4%).

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