Jones Lang LaSalle Incorporated (NYSE:JLL) Q1 2024 Earnings Conference Call May 6, 2024 9:00 AM ET Corporate Participants Scott Einberger – Head of Investor RelationsChristian Ulbrich – President and Chief Executive OfficerKaren Brennan – Chief Financial Officer Conference Call Participants Stephen Sheldon – William Blair Peter Abramovitz – JefferiesMichael Griffin – CitiAnthony Palone – JP…
JHVEPhoto Elevator Pitch I have a Buy rating for Jones Lang LaSalle Incorporated (NYSE:JLL). My earlier update, published on October 9, 2023, touched on the company’s revenue mix and its mid-term financial goals. With this article, I focus on the multiple positives associated with Jones Lang LaSalle that support an upgrade of my rating for…
Marlon Trottmann The fact that real estate services companies Jones Lang LaSalle (NYSE:JLL) and CBRE Group (CBRE) came close to matching the S&P 500 index (SPY) performance this year, despite the massive headwinds in the industry, shows the power of having a robust business model and a low starting valuation. We believe this is quite…
The three major indexes, the S&P 500, the Dow, and the Nasdaq are enjoying a continued rally as the market hopes for rate cuts. The S&P 500, the Nasdaq, and the Dow Jones Industrial Average (DIJA) all closed higher, maintaining streaks of continuous increases. The Nasdaq hit 14,904.81 after adding 0.61%, while the Dow added…
With yesterday’s historic high, the Dow Jones extends its Q4 rally to more than 10%. On the other hand, the technology sector also makes a fresh all-time high. In a historic surge, the Dow Jones Industrial Average set a new record by closing above 37,000 points for the first time. The Federal Reserve’s indication of…
Investors will be eyeing major announcements ahead this week such as jobs report, Federal Reserve rate decision, and Apple’s earnings. On Monday, October 30, the Dow Jones Industrial Average (INDEXDJX: .DJI) gained by over 511 points or 1.58%, ending the trading at 32,928.96. This was the biggest single-day gain market by the index, after June…
Data released by the Labor Department show that CPI for September increased higher than expected, with several prices up from August. According to figures published by the Labor Department, the prices of goods and services increased quicker than expected in September. The consumer price index (CPI) rose 0.4% in September and 3.7% compared with the same period…
Megapixel8 Real estate firm Jones Lang LaSalle’s (NYSE:JLL) near term prospects are likely to remain challenging but medium term prospects are more optimistic. Their prospects however appear baked into the stock. Company Overview Jones Lang LaSalle offers real estate and investment management services covering a variety of property types (including residential, commercial, industrial, retail, infrastructure,…
Analysts have warned that the rise in the bond yields could pose significant challenge to equity market and other risky investments like crypto. On Tuesday, October 3, the US equity market came under major selling pressure as the US 10-year Treasury Yield surged to the levels last seen 16 years ago in 2007. The surge…
JHVEPhoto Elevator Pitch I award a Buy investment rating to Jones Lang LaSalle Incorporated (NYSE:JLL) shares. Earlier, I wrote about JLL’s profitability outlook, the company’s capital allocation approach, and its creation of a new CTO (Chief Technology Officer) position in my article published on May 22, 2023. My attention turns to Jones Lang LaSalle’s long-term…