Jll reports financial results for fourth-quarter and full-year 2021
Chicago, feb. 28, 2022 /prnewswire/ -- jones lang lasalle incorporated (nyse: jll) today reported operating performance for 2021 with fourth quarter diluted earnings per share of $8.16 and adjusted diluted earnings per share1 of $8.66, and full-year diluted earnings per share of $18.47 and adjusted diluted earnings per share1 of $19.47. consolidated fourth-quarter revenue and fee revenue increased 23% and 42%, respectively leasing and capital markets led broad-based real estate services fee revenue growth, up 68% and 62%, respectively americas achieved a 56% increase in fee revenue strong incentive and advisory fee performance drove over 50% fee revenue growth for lasalle fourth-quarter margin expansion versus the prior year reflected: transaction-based revenue growth as well as higher equity earnings primarily related to jll technologies investments incremental expenses related to investments in people & technology and the expected reduction of non-permanent cost savings from 2020 continued return of capital to shareholders with $152 million of share repurchases this quarter; $343 million for the full year additional $1.5 billion authorized for share repurchases reporting segments changing from geographic-centric real estate services to global business lines in the first quarter of 2022 "jll delivered impressive fourth-quarter and full-year 2021 financial results, led by strength in leasing and capital markets, as well as valuation increases on our strategic technology investments.
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