Every material Form 8-K Jones Lang LaSalle filed with the SEC in 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Jones Lang LaSalle reported third-quarter 2024 revenue of $5.9 billion, up 15% in local currency from the prior-year quarter, and net income attributable to common shareholders of $155.1 million, compared with $59.7 million. Diluted earnings per share were $3.20, versus $1.23 a year earlier, and adjusted diluted earnings per share were $3.50, versus $2.19, which points to higher profit for shareholders. Operating cash flow fell to $261.6 million from $325.7 million.
Third-quarter revenue was $5.9 billion, up 15% in local currency; Leasing rose 21% and Workplace Management rose 20%.
Diluted EPS was $3.20 versus $1.23; adjusted diluted EPS was $3.50 versus $2.19.
Net cash from operating activities was $261.6 million versus $325.7 million; Net Leverage Ratio was 1.4x at September 30, 2024.
Jones Lang LaSalle reported second-quarter 2024 revenue of $5,628.7 million, up 11% in US dollars (12% in local currency), and net income attributable to common shareholders of $84.4 million, compared with $2.5 million a year earlier. Results were lifted by growth in Work Dynamics and cost actions, while the prior-year quarter included $103.5 million of net equity losses.
Revenue of $5.6 billion, up 11% in US dollars; Work Dynamics revenue rose 17% to $3.9 billion
Diluted EPS of $1.75 vs $0.05 a year earlier; adjusted diluted EPS of $2.55 vs $2.12
An $18.0 million expense in Capital Markets tied to an August 2024 repurchase of a loan JLL originated and sold to Fannie Mae
Total net debt fell to $1,752.0 million at June 30, 2024, from $1,900.8 million at March 31, 2024
Jones Lang LaSalle reported first-quarter 2024 results with revenue of $5.1 billion, up 9% from a year earlier, and net income attributable to common shareholders of $66.1 million, compared with a loss of $9.2 million in the prior-year quarter. Free cash flow was an outflow of $720.7 million, an improvement from the $765.6 million outflow in the first quarter of 2023, while net debt rose from December 31, 2023, which the company attributed to annual incentive compensation payments.
Revenue was $5,124.5 million, up 9% from $4,715.5 million in the first quarter of 2023.
Diluted earnings per share were $1.37, compared with a loss of $0.19; adjusted diluted earnings per share were $1.78, compared with $0.71.
Total net debt was $1,900.8 million at March 31, 2024, up from $1,150.3 million at December 31, 2023, and the company repurchased 110,726 shares for $20.1 million in the quarter.
Jones Lang LaSalle reported fourth-quarter 2023 results on February 27, 2024. Quarterly revenue rose 4% in local currency to $5.9 billion, but fee revenue fell 2% to $2.2 billion and net income attributable to common shareholders edged down to $172.4 million, with diluted EPS of $3.57 versus $3.62 a year earlier. For the full year, net income fell to $225.4 million from $654.5 million, reflecting lower transaction-based revenue and equity losses.
Q4 2023 operating income rose to $290.4 million from $254.7 million; net income attributable to common shareholders was $172.4 million versus $174.8 million
Full-year 2023 diluted EPS was $4.67 versus $13.27 in 2022; adjusted diluted EPS was $7.40 versus $15.71
Full-year equity losses were $194.1 million compared with equity earnings of $51.0 million in 2022
Q4 free cash flow was an inflow of $680.2 million, compared with $532.0 million a year earlier
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
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