CHICAGO (AP) _ Jones Lang LaSalle Inc. (JLL) on Wednesday reported second-quarter profit of $200 million.
The Chicago-based company said it had net income of $3.82 per share. Earnings, adjusted for non-recurring costs, were $4.20 per share.
The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.44 per share.
The financial and professional services company posted revenue of $4.5 billion in the period, which also beat Street forecasts. Three analysts surveyed by Zacks expected $3.95 billion.
Jones Lang LaSalle shares have climbed 49% since the beginning of the year. The stock has more than doubled in the last 12 months.
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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