Equity LifeStyle Properties Inc expected to post earnings of 36 cents a share - Earnings Preview

Equity Lifestyle Properties

19/07/2024 22:08

* Equity LifeStyle Properties Inc  ELS.N   ELS  is expected
to show a rise in quarterly revenue when it reports  results on
July 22 for the period ending June 30 2024
    * The Chicago Illinois-based  company is expected to report
a
1.4% increase in revenue to $375.128 million from $370 million a
year ago, according to the mean estimate from 5 analysts, based
on LSEG data. (SAL represents Total Revenue)
    * ​LSEG's mean analyst estimate for Equity LifeStyle
Properties
Inc is for earnings of 36 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 9
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 0.1%
in the last three months. ​
    * Wall Street's median 12-month price target for Equity
LifeStyle
Properties Inc is $70.00​, above​ its last closing price
of $67.83. ​​​

The company's guidance on April 22 2024 for the period ended
June 30 was for Funds Flow from Operations between USD0.61 and
USD0.67.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.78        0.77       0.78      Beat    0.8
 Dec. 31 2024  0.71        0.71       0.71      Met     0
 Sep. 30 2023  0.72        0.72       0.71      Missed  -1.6​
 Jun. 30 2023  0.66        0.66       0.66      Met     0.1
 ​​Jan.        0.75        0.75       0.74      Missed  -0.8
 1 0001                                                 
 Dec. 31 2022  0.61        0.61       0.66      Beat    7.6​
 Sep. 30 2022  0.69        0.69       0.70      Beat    0.9
 Jan. 1 0001   0.64        0.64       0.64      Met     -0.5
 This summary was machine generated July 19 at 21:08 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)