Jones Lang LaSalle Q3 Sales Rise but Earnings Fall

Global real estate service provider, Jones Lang LaSalle (JLL), reported Q3 2016 earnings today, which showed revenues of $1.71 billion, 13.6% higher than Q3 2015, according to NASDAQ. However, JLL’s adjusted EBITDA was $127 million, down from $188 million from the same quarter last year. Adjusted earnings per share were $1.42, down from $2.56 per share in Q3 2015.