Jones Lang LaSalle posts strong third-quarter results and expands buyback
Jones Lang LaSalle reported third-quarter 2026 revenue of $7.3 billion, up 12% in USD and local currency, while diluted EPS reached $6.85, up 49% in USD and 50% in local currency. Adjusted EBITDA rose 33% in USD and local currency to $460.2 million. The company said it intends to execute a $500 million accelerated share repurchase, taking full-year repurchases to over $1 billion, and raised its full-year Adjusted EPS target range.
Why it matters
The results increase reported earnings and signal a larger planned return of capital to shareholders. Jones Lang LaSalle said its stronger pipelines and operating trends supported the higher full-year Adjusted EPS target and the buyback plan.
Key facts
- 1Third-quarter revenue was $7.3 billion, up 12% in USD and local currency. prnewswire.com
- 2Diluted EPS was $6.85, up 49% in USD and 50% in local currency. prnewswire.com
- 3Adjusted EBITDA increased 33% in USD and local currency to $460.2 million. prnewswire.com
- 4The company intends to execute a new $500 million accelerated share repurchase, bringing full-year repurchases to over $1 billion. sec.gov
- 5The company said Leasing Advisory revenue increased 27% in local currency during the quarter. sec.gov
Open questions
- The materials say Jones Lang LaSalle raised its full-year Adjusted EPS target range but do not provide the revised range.
Summary written by AlphAI AI Desk from 7 of 7 sources. Not investment advice. Figures are as stated by the linked sources.