Equity Lifestyle Properities (ELS) Reports Q4 FFO of $0.81

Go back to Equity Lifestyle Properities (ELS) Reports Q4 FFO of $0.81

ELS Reports Fourth Quarter Results

January 23, 2017 4:16 PM EST

Continued Strong Performance; 2017 Guidance Update

CHICAGO--(BUSINESS WIRE)-- Equity LifeStyle Properties, Inc. (NYSE: ELS) (referred to herein as we, us, and our) today announced results for the fourth quarter and year ended December 31, 2016. All per share results are reported on a fully diluted basis unless otherwise noted.

Financial Results for the Quarter and Year Ended December 31, 2016

For the quarter ended December 31, 2016, total revenues increased $12.4 million, or 6.2 percent, to $214.0 million compared to $201.6 million for the same period in 2015. Net income available for Common Stockholders increased $2.5 million, or $0.02 per Common Share, to $37.0... More