Investing.com - Jones Lang LaSalle reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Jones Lang LaSalle announced earnings per share of $3.40 on revenue of $5.17B. Analysts polled by Investing.com EPS of $4.44 on revenue of $5.18B.
Jones Lang LaSalle 's are down 20% and is trading at $159.00 , still down 41.29% from its 52 week high of $275.77 set on Tuesday, January 4, 2022.
Jones Lang LaSalle shares lost 1.79% to trade at $159.00 in pre-market trade the report.
Jones Lang LaSalle follows other major Real Estate sector earnings this month
Jones Lang LaSalle's report follows an earnings beat by Prologis on Wednesday, October 19, 2022, who reported EPS of $1.36 on revenue of $1.75B, EPS of $1.34 on revenue of $1.2B.
American Tower had beat expectations on Thursday, October 27, 2022 with third quarter EPS of $1.8 on revenue of $2.67B, for EPS of $1.13 on revenue of $2.65B.
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