Sunday, February 19, 2017

Jones Lang LaSalle Earnings Review

Despite a difficult period for the commercial property market, Jones Lang LaSalle Inc. managed to outperform its end markets in the fourth quarter and the full year. Thanks to a combination of acquisitions and organic growth, the company managed to record double-digit revenue increases in the fourth quarter and full year, even as adjusted EBITDA (earnings before interest, tax, depreciation, and amortization) slumped in both periods.

There's a lot going on with Jones Lang LaSalle''s earnings and outlook for 2017, so let's take a closer look at what happened in the fourth quarter.

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