CHICAGO (AP) — CHICAGO (AP) — Jones Lang LaSalle Inc. (JLL) on Wednesday reported fourth-quarter profit of $401.7 million.
On a per-share basis, the Chicago-based company said it had profit of $8.34. Earnings, adjusted for one-time gains and costs, came to $8.71 per share.
The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $7.25 per share.
The financial and professional services company posted revenue of $7.61 billion in the period, which also topped Street forecasts. Four analysts surveyed by Zacks expected $7.33 billion.
For the year, the company reported profit of $792.1 million, or $16.40 per share. Revenue was reported as $26.12 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on JLL at https://www.zacks.com/ap/JLL
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