Equity Lifestyle Properties Earnings Preview: Can This Streak Continue?

Equity Lifestyle Properties (NYSE:ELS) will report earnings after markets close on Monday, July 22nd. Equity Lifestyle Properties, Inc owns or has an interest in communities in the United States and western Canada. The Company acquires properties such as camping grounds and seasonal resort communities.

Here is your Cheat Sheet to Equity Lifestyle Properties Earnings:

Earnings Expectations: Analysts expect earnings of $0.58 per share on revenues of $174.40 million. Currently, the company’s P/E ratio stands at 43.88.

Analyst Trends:

Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.62 to a profit $0.65. For the current year, the average estimate is a profit of $2.55, which is better than the estimate ninety days ago.

Earnings Trends:

Here’s how Equity Lifestyle Properties has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 443 495 511 580 710
Diluted EPS ($) 0.74 1.22 1.25 0.64 1.32

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012 Mar. 31, 2013
Revenue ($) in millions 174.83 181.83 171.93 190.59
Diluted EPS ($) 0.05 0.39 0.58 0.84

Past Performance:
Equity Lifestyle Properties has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)