ELS Earnings Reports

ELS delivered solid Q1 results, achieving Normalized FFO at the midpoint of guidance and demonstrating growth in MH base rental income despite adverse weather events.

Equity LifeStyle Properties reported strong fourth-quarter results, driven by growth in core property operations and disciplined expense management. The company's performance led to an increased annual dividend and provided a positive outlook for 2025.

Equity LifeStyle Properties reported Normalized FFO per Common Share and OP Unit of $0.72, a 4.9% increase compared to the same period in 2023. Core property operating revenues increased 4.4% and Core income from property operations, excluding property management increased 5.8% for the quarter ended September 30, 2024, compared to the same period in 2023.

Equity LifeStyle Properties reported a Normalized FFO per Common Share and OP Unit of $0.66, outperforming the midpoint of their guidance range. Core property operating revenues increased by 4.6%, and Core income from property operations, excluding property management, increased by 5.5%.

Equity LifeStyle Properties reported a strong first quarter with total revenues increasing to $386.6 million, net income available for common stockholders rising to $109.9 million, and Normalized FFO per share reaching $0.78, aligning with guidance expectations.

Equity LifeStyle Properties reported a revenue increase of $20.0 million and a net income available for common stockholders increase of $18.9 million compared to Q4 2022. The company also announced a 6.7% increase in the annual dividend rate for 2024.

Equity LifeStyle Properties reported a revenue of $388.8 million and a net income of $77.0 million for the third quarter of 2023. Normalized FFO per share was $0.71, a 2.1% increase compared to the same period in 2022.

Equity LifeStyle Properties reported a revenue increase of $4.7 million compared to Q2 2022. Net income available for common stockholders increased by $1.4 million, and Normalized FFO per share outperformed guidance expectation by $3.2 million.

Equity LifeStyle Properties reported a revenue increase of $9.8 million compared to Q1 2022. The company's Normalized FFO per share was $0.74, outperforming guidance by $0.8 million. Core MH base rental income increased by 6.5%, while Core RV and marina base rental income increased by 5.5%.

Equity LifeStyle Properties reported a revenue increase of 1.6% to $340.6 million for the quarter ended December 31, 2022, compared to $335.3 million for the same period in 2021. Net income available for Common Stockholders increased to $73.0 million, or $0.39 per Common Share, compared to $65.5 million, or $0.36 per Common Share, for the same period in 2021.

Equity LifeStyle Properties reported a revenue increase of 9.7% to $381.0 million for the quarter ended September 30, 2022, compared to $347.2 million for the same period in 2021. Net income available for Common Stockholders decreased to $67.2 million, or $0.36 per Common Share, compared to $70.6 million, or $0.38 per Common Share, for the same period in 2021. The company updated its guidance due to the impact of Hurricane Ian.

Equity LifeStyle Properties reported a strong second quarter with total revenues increasing by 10.7% to $365.3 million compared to the same period in 2021. Net income available for Common Stockholders increased to $61.5 million, or $0.33 per Common Share.

Equity LifeStyle Properties (ELS) announced strong Q1 2022 results, with total revenues increasing by 18.6% to $360.2 million. Net income available for Common Stockholders rose to $82.9 million, or $0.45 per Common Share, and Normalized FFO per share reached $0.72, a 14% increase year-over-year. The company also completed strategic acquisitions and refinanced debt, strengthening its balance sheet.

Equity LifeStyle Properties, Inc. announced strong financial results for the quarter ended December 31, 2021, with total revenues increasing by 19.6 percent to $325.3 million compared to $271.9 million for the same period in 2020. Net income available for Common Stockholders increased to $65.5 million, or $0.36 per Common Share.

Equity LifeStyle Properties reported a strong third quarter with a 16.8% increase in total revenues, reaching $332.9 million. Net income available for Common Stockholders rose to $70.6 million, or $0.38 per Common Share. Normalized FFO per share was $0.65, 18% higher than the same period in 2020.

Equity LifeStyle Properties reported a strong second quarter with a significant increase in total revenues and net income compared to the same period in 2020. The company's Normalized FFO per share also saw substantial growth, driven by core portfolio performance and membership sales.

Equity LifeStyle Properties reported a revenue increase of 5.5% to $296.0 million compared to the same period in 2020. Net income available for Common Stockholders decreased to $65.2 million, or $0.36 per Common Share. Normalized FFO increased $9.3 million, or $0.05 per Common Share, to $122.6 million, or $0.64 per Common Share.

Equity LifeStyle Properties reported a revenue increase of 5.1 percent and a net income increase of $0.05 per common share for the quarter ended December 31, 2020.

Equity LifeStyle Properties reported an increase in total revenues to $285.0 million compared to $271.2 million for the same period in 2019. Net income available for Common Stockholders decreased to $50.6 million, or $0.28 per Common Share, compared to $64.5 million, or $0.35 per Common Share, for the same period in 2019.

Equity LifeStyle Properties reported a revenue increase of $5.7 million, or 2.3 percent, to $254.1 million compared to $248.4 million for the same period in 2019. Net income available for Common Stockholders decreased $0.2 million, or $0.01 per Common Share, to $46.2 million, or $0.25 per Common Share.

Equity LifeStyle Properties reported an increase in total revenues by $21.4 million, reaching $280.5 million for the quarter ended March 31, 2020. Net income available for Common Stockholders decreased by $46.4 million to $66.9 million, or $0.37 per Common Share.

Equity LifeStyle Properties reported a 6.2 percent increase in total revenues, reaching $258.6 million, and a rise in net income available for Common Stockholders to $55.0 million, or $0.30 per Common Share, for the quarter ended December 31, 2019.