Earnings Preview: Jones Lang LaSalle
Portfolio Pulse from Benzinga Insights
Jones Lang LaSalle (NYSE:JLL) is scheduled to release its quarterly earnings report on February 27, 2024, with an expected EPS of $3.74. Historical data shows mixed EPS performance but generally positive stock price reactions post-earnings. Shares have increased by 5.45% over the last 52 weeks, indicating a positive trend for long-term shareholders.
February 26, 2024 | 4:00 pm
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Jones Lang LaSalle is expected to report an EPS of $3.74 in its upcoming earnings, with historical performance showing positive stock reactions post-earnings. The stock has seen a 5.45% increase over the past year.
Given JLL's historical performance where stock prices generally increased post-earnings, even after missing EPS estimates, and the overall positive trend in the stock's 52-week performance, it's likely that the upcoming earnings report could have a positive short-term impact on JLL's stock price. The anticipation of beating the EPS estimate and providing positive guidance could further bolster investor confidence.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100