Equity LifeStyle Properties Inc expected to post earnings of 49 cents a share - Earnings Preview

Equity Lifestyle Properties

12/04/2024 12:01

* Equity LifeStyle Properties Inc  ELS.N   ELS  is expected
to show a rise in quarterly revenue when it reports  results on
April 15 (estimated) for the period ending March 31 2024
    * The Chicago Illinois-based  company is expected to report
a
4.6% increase in revenue to $387.141 million from $369.95
million a year ago, according to the mean estimate from 5
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Equity LifeStyle
Properties
Inc is for earnings of 49 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 9
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 2.0%
in the last three months. ​
    * Wall Street's median 12-month price target for Equity
LifeStyle
Properties Inc is $71.75​, above​ its last closing price
of $61.56. ​​​

The company's guidance on January 29 2024 for the period ended
March 31 was for Funds Flow from Operations between USD0.75 and
USD0.81.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  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​
 Mar. 31 2023  0.75        0.75       0.74      Missed  -0.8
 ​​Dec.        0.61        0.61       0.66      Beat    7.6
 31 2022                                                
 Sep. 30 2022  0.69        0.69       0.70      Beat    0.9​
 Jun. 30 2022  0.64        0.64       0.64      Met     -0.5
 Mar. 31 2022  0.70        0.70       0.72      Beat    3.2
 This summary was machine generated April 12 at 11:01 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)