Equity LifeStyle Properties Earnings: Here’s Why Investors Like These Results
Equity LifeStyle Properties, Inc. (NYSE:ELS) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company. Shares are down 0%.
Equity LifeStyle Properties, Inc. Earnings Cheat Sheet
Results: Adjusted Earnings Per Share increased 9.3% to $1.41 in the quarter versus EPS of $1.29 in the year-earlier quarter.
Revenue: Rose 4.69% to $190.59 million from the year-earlier quarter.
Actual vs. Wall St. Expectations: Equity LifeStyle Properties, Inc. reported adjusted EPS income of $1.41 per share. By that measure, the company beat the mean analyst estimate of $1.39. It beat the average revenue estimate of $177.42 million.
Quoting Management: There was no comment from the management.
Key Stats (on next page)…