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Jones Land LaSalle bounces further as income dips, but beats

Apr. 27, 2016 2:44 PM ETJones Lang LaSalle Incorporated (JLL) StockJLLBy: Stephen Alpher, SA News Editor
  • Q1 adjusted net income of $37M or $0.82 per share vs. $44M and $0.97 one year ago. Adjusted EBITDA of $85M vs. $90M.
  • Real Estate Services adjusted EBITDA of $51M vs. $62M a year ago. Leasing of $319.8M up 6%. Capital markets & hotels of $169.7M down 3%. Property and facility management of $392.8M up 10%.
  • LaSalle Investment Management adjusted EBITDA of $34M vs. $28M a year ago. Advisory fees of $62.2M up 5%. Total revenue of $100.5M up 18%.
  • Previously: Jones Lang Lasalle beats by $0.08, beats on revenue (April 27)
  • JLL +5.4%

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