Jones Lang LaSalle Q4 Results Beat Expectations - Quick Facts

(RTTNews) - Real estate services provider Jones Lang LaSalle Inc. (JLL) Tuesday said fourth-quarter attributable net income increased to $194 million from $147 million reported last year. Earnings per share rose to $4.28 from $3.26.

Adjusted earnings per share were $4.30, while it totaled $3.33 last year. On average, seven analysts polled by Thomson Reuters expected earnings of $3.85 per share for the quarter. Analysts' estimates typically exclude special items.

Revenue improved to $1.749 billion from $1.509 billion last year. Analysts expected revenues of $1.68 billion.

Colin Dyer, President and CEO, said, "We completed an excellent fourth quarter and full-year 2014, with strong revenue growth across all service lines and geographies, record profit, and record levels of new capital raised by LaSalle. In 2015, we will continue our consistent policy of investing in our platform to continuously improve the quality and scope of our services, and build the long-term value of our company."