Jones Lang LaSalle Incorporated (NYSE:JLL) Q1 2022 Earnings Conference Call May 9, 2022 9:00 AM ET

Company Participants

Scott Einberger - Investor Relations Officer

Christian Ulbrich - Chief Executive Officer and President

Karen Brennan - Chief Financial Officer

Conference Call Participants

Stephen Sheldon - William Blair

Alex Kramm - UBS Investment Research

Chandni Luthra - Goldman Sachs

Jade Rahmani - KBW

Patrick O'Shaughnessy - Raymond James

Operator

Good morning. At this time, I would like to welcome everybody to the Jones Lang LaSalle, Inc. First Quarter Earnings Conference Call. For your information, this conference call is being recorded. [Operator Instructions]

I would now like to turn the call over to Scott Einberger, Investor Relations Officer. Please go ahead.

Scott Einberger

Thank you, and good morning. Welcome to the first quarter 2022 conference call for Jones Lang LaSalle, Inc. Earlier this morning, we issued our earnings release, which is available on the Investor Relations section of our website, along with the slide presentation intended to supplement our prepared remarks. Please visit ir.jll.com.

During the call and in our slide presentation, we will reference certain non-GAAP financial measures, which we believe provide useful information for investors. We include reconciliations of non-GAAP financial measures to GAAP and in our earnings release and slide presentation. As a reminder, today's call is being webcast live and recorded. A transcript of this conference call will also be posted on our website.

Any statements made about future results and performance, plans, expectations and objectives are forward-looking statements. Actual results and performance may be differ from those forward-looking statements as a result of factors discussed in the annual report on Form 10-K for the fiscal year ended December 31, 2021 and in other reports filed with the SEC.

The Company disclaims any undertaking to publicly update or revise any forward-looking statements. Please note that effective with the first quarter 2022, our financial results are now being reported under five business line segments instead of the geographic base structure that was utilized in the past.

I will now turn the call over to Christian Ulbrich, our President and Chief Executive Officer for opening remarks.

Christian Ulbrich

Thank you, Scott. Hello, and thank you all for joining our first quarter earnings call. This morning JLL reported first quarter financial results under our new business line format. Our results highlight the competitive advantages we have across each of our business lines led by robust top and bottom line growth in our markets advisory, capital markets and work dynamics businesses, as well as strong fee revenue growth in our JLL technologies and LaSalle businesses. Our one JLL philosophy has allowed us to seamlessly serve clients across business lines and geographies, which has manifested itself in the strong results we just reported. I would like to thank all JLL employees for their dedication to helping our clients navigate the holding macroeconomic and geopolitical environment.