Jll reports financial results for second-quarter 2022
Revenue up 17% (21% in local currency1) to $5.3 billion; fee revenue1 grew 19% (23% in local currency) to $2.1 billion chicago , august 3, 2022 /prnewswire/ -- jones lang lasalle incorporated (nyse: jll) today reported operating performance for the second quarter of 2022 with diluted earnings per share of $3.90, up from $3.82 in the prior-year quarter, and adjusted diluted earnings per share1 of $4.48, up from $4.20 last year. • top-line expansion was broad-based as most segments achieved 20% or greater growth ° higher deal volume in the americas and emea led the 28% increase in capital markets fee revenue ° strong leasing performance continued across several asset classes, driving 23% growth in markets advisory fee revenue ° outsourcing wins and greater demand in project management contributed to the 19% increase in work dynamics fee revenue • incremental headcount and investments to support existing and future growth more than offset higher revenue • nearly $300 million of share repurchases this quarter, continuing the return of capital to shareholders "jll showed strong and resilient performance through the second quarter, with double-digit fee revenue growth across nearly all of our business lines," said christian ulbrich, jll ceo.
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