Equity LifeStyle Properties Inc expected to post earnings of 43 cents a share - Earnings Preview

Equity Lifestyle Properties

26/01/2024 21:58

* Equity LifeStyle Properties Inc  ELS.N   ELS  is expected
to show a rise in quarterly revenue when it reports  results on
January 29 for the period ending December 31 2023
    * The Chicago Illinois-based  company is expected to report
a
4.7% increase in revenue to $356.779 million from $340.6 million
a year ago, according to the mean estimate from 4 analysts,
based on LSEG data. (Revenue is on Total Revenue basis)
    * ​LSEG's mean analyst estimate for Equity LifeStyle
Properties
Inc is for earnings of 43 cents per share. 
    * The current average analyst rating on the shares is "hold"
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 was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Equity
LifeStyle
Properties Inc is $71.25​, above​ its last closing price
of $66.73. ​​​

The company's guidance on October 16 2023 for the period ended
December 31 was for Funds Flow from Operations between USD0.7
and USD0.76.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.72        0.72       0.71      Missed  -1.6
 Jun. 30 2023  0.66        0.66       0.66      Met     0.1
 Mar. 31 2023  0.75        0.75       0.74      Missed  -0.8​
 Dec. 31 2022  0.61        0.61       0.66      Beat    7.6
 ​​Sep.        0.69        0.69       0.70      Beat    0.9
 30 2022                                                
 Jun. 30 2022  0.64        0.64       0.64      Met     -0.5​
 Mar. 31 2022  0.70        0.70       0.72      Beat    3.2
 Dec. 31 2021  0.62        0.62       0.64      Beat    3.4
 This summary was machine generated January 26 at 21:58 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)