(January 31, 2012) Shares of Jones Lang LaSalle Incorporated (NYSE: JLL), a Chicago, Illinois-based company, surged in trading on Tuesday. The Jones Lang LaSalle stock ended the day 5.34% higher at $78.76 on above average volume of 1.38 million.

Jones Lang LaSalle shares rose sharply on Tuesday after the company announced record full year revenue. The company’s consolidated revenue for the full year ended December 31, 2011 rose 23% to $3.6 billion. The company’s leasing revenue for the year rose 19% to $760 million in 2011.

Jones Lang LaSalle’s Capital Markets and Hotels revenue rose 62% for the year. The company’s Property and Facility Management revenue rose 20% for the year to $365 million. The company’s adjusted net income for the full year rose 29% to $215 million.

Colin Dyer, President and CEO of Jones Lang LaSalle, said that the company’s strong finish to the year closed out a solid 2011 performance of record revenue and robust profit growth coupled with significantly strengthened market positions across the firm. Dyer also said that the results and the strategic actions the company took during the year position it for continued growth and success in 2012.

About Jones Lang LaSalle Incorporated: Jones Lang LaSalle Incorporated is a provider of integrated real estate and investment management services.

• The Jones Lang LaSalle stock has a 52-week range of $46.01-$107.84.
• The stock trades on a daily average volume of 365,271.
• The stock is currently trading above its 50-day and 200-day moving averages, which is a bullish signal.
• The stock’s MACD has crossed the signal line on the upside and is also above the zero-line, which are strong bullish signals.

Summary

Jones Lang LaSalle announced record full year revenue. The company’s shares soared following the announcement.