Real estate firm JLL (NYSE:JLL) will be announcing earnings results tomorrow before market hours. Here’s what to expect.

JLL met analysts’ revenue expectations last quarter, reporting revenues of $5.63 billion, up 11.4% year on year. It was a satisfactory quarter for the company, with a decent beat of analysts’ EBITDA estimates.

Is JLL a buy or sell going into earnings? Read our full analysis here, it’s free.

This quarter, analysts are expecting JLL’s revenue to grow 10% year on year to $5.62 billion, a reversal from the 1.3% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $2.74 per share.

The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. JLL has missed Wall Street’s revenue estimates twice over the last two years.

Looking at JLL’s peers in the real estate services segment, some have already reported their Q3 results, giving us a hint as to what we can expect. Compass delivered year-on-year revenue growth of 11.7%, meeting analysts’ expectations, and CBRE reported revenues up 14.8%, topping estimates by 2.7%. Compass’s stock price was unchanged after the results, and CBRE’s price followed a similar reaction.

Read our full analysis of Compass’s results here and CBRE’s results here.

Investors in the real estate services segment have had steady hands going into earnings, with share prices up 2% on average over the last month. JLL is up 3.1% during the same time and is heading into earnings with an average analyst price target of $270.29 (compared to the current share price of $267.86).

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