JLL Q2 Revenue Rises 11%, EPS Beats by 16%; Raises Full-Year Outlook
JLL sits 32% above its 52-week low of $259.83.
Summary
JLL delivered a strong Q2 with revenue up 11% to $6.93B, slightly ahead of the $6.88B consensus. Adjusted EPS of $5.26 crushed the $4.55 estimate, a 16% beat, driven by broad-based strength across leasing advisory, capital markets, and workplace management. The company raised its full-year adjusted EPS target, now implying 34% year-over-year growth at the midpoint, signaling confidence in sustained momentum. Free cash flow came in at $438M, and the firm bought back $110M in shares during the quarter. This follows a record Q1 and an $870M senior loan secured in June, reinforcing a pattern of accelerating financial performance. The raised guidance and broad-based revenue acceleration across geographies and asset classes make this a material positive update for the stock.
Updates
· SEC 10-Q — The 10-Q discloses a new $2.2 billion share repurchase authorization and an accelerated share repurchase program completed in Q2 at an average price of $313.29 per share.
At the time of this announcement, JLL was trading at $343.08 on NYSE in the Real Estate & Construction sector, with a market capitalization of approximately $15.8B. The 52-week trading range was $259.83 to $363.06. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Reuters.