ELS Q4 2019 Earnings Report
Key Takeaways
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.
Total revenues increased by $15.1 million, or 6.2 percent, to $258.6 million compared to the same period in 2018.
Net income available for Common Stockholders increased $4.8 million, or $0.02 per Common Share, to $55.0 million, or $0.30 per Common Share, compared to the same period in 2018.
Funds from Operations (FFO) available for Common Stock and OP Unit holders increased to $99.5 million, or $0.52 per Common Share, compared to the same period in 2018.
Normalized Funds from Operations (Normalized FFO) available for Common Stock and OP Unit holders increased to $99.5 million, or $0.52 per Common Share, compared to the same period in 2018.
ELS
ELS
ELS Revenue by Segment
Forward Guidance
Management provides guidance for the quarter ending March 31, 2020, and the year ending December 31, 2020, acknowledging volatile economic conditions.
Revenue & Expenses
Visualization of income flow from segment revenue to net income