Jones Lang Lasalle (JLL) reported earnings for first quarter that decreased from last year but beat the Street estimates.
The company's bottom line totaled $55.3 million, or $1.14 per share. This compares with $66.1 million, or $1.37 per share, last year.
Excluding items, Jones Lang Lasalle reported adjusted earnings of $111.6 million or $2.31 per share for the period.
Analysts on average had expected the company to earn $2.18 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 12.1% to $5.746 billion from $5.124 billion last year.
Jones Lang Lasalle earnings at a glance (GAAP) :
-Earnings: $55.3 Mln. vs. $66.1 Mln. last year.
-EPS: $1.14 vs. $1.37 last year.
-Revenue: $5.746 Bln vs. $5.124 Bln last year.
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