JLL Stock Recent News

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Jones Lang LaSalle (JLL) reported earnings 30 days ago. What's next for the stock?

JLL Hotels & Hospitality group arranged acquisition financing for the 1,641-key convention center resort near Orlando's top tourist attractions ORLANDO , Aug. 19, 2024 /PRNewswire/ -- JLL  Hotels & Hospitality group announced today that it secured $620 million in acquisition financing for Hyatt Regency Orlando, a 1,641-key, AAA Four Diamond resort in Orlando, Florida. JLL represented affiliates of RIDA Development Corporation and an Ares Management Real Estate fund to secure the floating-rate, five-year loan through Wells Fargo, Bank of America and Deutsche Bank on behalf of borrowers.

A wide range of products & services and resilient businesses to capitalize on market consolidations bode well for Jones Lang (JLL) despite macroeconomic uncertainty and a high interest rate environment.

Strategic Investment to Accelerate PROBIS' AI-Powered Financial Management Solutions for Real Estate Development and Support Global Expansion CHICAGO , Aug. 13, 2024 /PRNewswire/ -- JLL today announced that its corporate venture capital arm, JLL Spark Global Ventures, has led the Series A investment round in PROBIS, a company specializing in financial management for real estate development through AI and benchmark technology. PROBIS aims to advance the real estate industry by replacing outdated financial management systems.

CHICAGO , Aug. 7, 2024 /PRNewswire/ -- JLL Income Property Trust, an institutionally managed daily NAV REIT (NASDAQ:ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX) with approximately $6.6 billion in portfolio equity and debt investment assets, announced that on August 6, 2024, its Board of Directors declared a dividend for the third quarter of 2024 of $0.1575 per share. This will be the 51st consecutive dividend paid to its stockholders.

The strength of its resilient lines of business and transaction-based business performance supports Jones Lang's (JLL) Q2 earnings.

CHICAGO , Aug. 7, 2024 /PRNewswire/ -- JLL Income Property Trust, an institutionally managed, daily NAV REIT (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX) with approximately $6.6 billion in portfolio equity and debt investment assets, will hold a public earnings call on Wednesday, August 14, 2024 at 9:00 AM CT to review second quarter operating and financial results. Gregg Falk, Chief Financial Officer, and Sean Meehan, Portfolio Manager, will present an overview of recent economic events that directly influence the business of the portfolio and investment real estate markets, along with a detailed review of the financial performance and more noteworthy accomplishments of the quarter.

Although the revenue and EPS for Jones Lang LaSalle (JLL) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Jones Lang LaSalle (JLL) came out with quarterly earnings of $2.55 per share, beating the Zacks Consensus Estimate of $2.30 per share. This compares to earnings of $0.50 per share a year ago.