CHICAGO (AP) — Jones Lang LaSalle Inc. (JLL) on Tuesday reported third-quarter profit of $134.9 million.
On a per-share basis, the Chicago-based company said it had profit of $2.93. Earnings, adjusted for one-time gains and costs, were $3.02 per share.
The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $2.31 per share.
The financial and professional services company posted revenue of $3.97 billion in the period.
Jones Lang LaSalle shares have dropped slightly more than 7 percent since the beginning of the year. The stock has increased slightly more than 3 percent in the last 12 months.