Equity Lifestyle Properities (ELS) Misses Q1 EPS by 2c

Equity Lifestyle Properities (NYSE: ELS) reported Q1 EPS of $0.33, $0.02 worse than the analyst estimate of $0.35. Revenue for the quarter came in at $365.3 million versus the consensus estimate of $290.76 million.

For the quarter ended June 30, 2022, Funds from Operations (“FFO”) available for Common Stock and OP Unit holders increased $4.0 million, or $0.01 per Common Share, to $121.6 million, or $0.62 per Common Share, compared to $117.6 million, or $0.61 per Common Share, for the same period in 2021.

For earnings history and earnings-related data on Equity Lifestyle Properities (ELS) click here.

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