Equity Lifestyle Properities (ELS) Misses Q4 EPS by 6c, Revenues Beat; Offers FY19 EPS Guidance Above Consensus

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ELS Reports Fourth Quarter Results

January 28, 2019 4:15 PM EST

Continued Strong Performance

CHICAGO--(BUSINESS WIRE)-- Equity LifeStyle Properties, Inc. (NYSE: ELS) (referred to herein as we, us, and our) today announced results for the quarter and year ended December31, 2018. All per share results are reported on a fully diluted basis unless otherwise noted.

Financial Results for the Quarter and Year Ended December31, 2018

For the quarter ended December31, 2018, total revenues increased $13.5 million, or 5.9 percent, to $243.5 million compared to $230.0 million for the same period in 2017. Net income available for Common Stockholders for the quarter ended December31, 2018 increased $5.2 million, or $0.05 per Common... More