Equity Lifestyle Properities (ELS) Reaffirms FY18 Guidance
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EPS Growth %: -100.0%
Financial Fact:
Redeemable Perpetual Preferred Stock Dividends: -2.3M
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CP, RUSHA, SEIC, More
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Equity Lifestyle Properities (NYSE: ELS) disclosed in an SEC filing:
Equity LifeStyle Properties, Inc. (referred to herein as “we,” “us,” and “our”) hereby reaffirms previously issued guidance for our Net Income per share of common stock (“Common Share”) (fully diluted), for the year ending December 31, 2018, to be between $2.36 and $2.46.
We also reaffirm previously issued guidance for our Funds from Operations (“FFO”) per Common Share (fully diluted), for the year ending December 31, 2018, to be between $3.84 and $3.94.
We also reaffirm previously issued guidance for our Normalized Funds from Operations (“Normalized FFO”) per Common Share (fully diluted), for the year ending December 31, 2018, to be between $3.82 and $3.92.
The projected 2018 per Common Share amounts represent a range of possible outcomes and the mid-point of each range reflects management’s best estimate of the most likely outcome. Actual figures could vary materially from these amounts if any of our assumptions are incorrect.
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