JLL reports Q3 adjusted EPS $2.01, consensus $2.23

Reports Q3 fee revenue $1.8B, consensus $1.82B. “JLL‘s third-quarter financial results reflected continued focus on diversifying our business. During the quarter, fee revenue expanded across our resilient business lines while the industry-wide slowdown in investment sales and leasing transactions continued,” said Christian Ulbrich, JLL CEO. “Our investments in technology and the improved efficiency of our operating model position us to expand margins even if a slower transaction environment persists. When combined with our global scale and ‘One JLL’ approach, these factors will enable long-term growth and shareholder value creation.”