The earnings report for JLL will be released on August 17th at 2:00 PM CT. During this conference call, the company’s CEO and CFO will provide updates on the company’s financial performance and highlight some of the company’s key initiatives. It is important to note that these statements are forward-looking. Actual results may differ from those projected. To be sure, you should always verify the accuracy of any forward-looking statement by reviewing the company’s quarterly earnings release.
In Q2 2019, the company reported a 12% increase in top-line revenue and improved equity earnings, offset by continued investments in people and platform. However, the company’s work dynamics adjusted EBITDA margin declined by 60 basis points from a year ago. The company attributes this decline to its investments in people, products and services, and sustainability. The company is continuing to invest in its businesses in order to remain relevant.
JLL’s third-quarter results showed that the company is making progress in growing its business. The company reported a net loss of $7.5 million, including a $10.5 million loss on the disposition of its Russia business. This loss was partially offset by a $3.0 million gain on the sale of businesses, including JLL Technologies. Furthermore, the company’s performance in Asia Pacific and Europe remains mixed. However, the company’s debt market remains liquid, and its analysts estimate that there is approximately $380 billion in capital available to the company around the world.