Equity Lifestyle Properities (ELS) Reports Q1 FFO of $0.64

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ELS Reports First Quarter Results

April 19, 2021 4:16 PM EDT

Continued Strong Performance; Guidance Update

CHICAGO--(BUSINESS WIRE)-- Equity LifeStyle Properties, Inc. (NYSE: ELS) (referred to herein as we, us, and our) today announced results for the quarter ended March 31, 2021. All per share results are reported on a fully diluted basis unless otherwise noted.

Financial Results for the Quarter Ended March 31, 2021

For the quarter ended March 31, 2021, total revenues increased $15.5 million, or 5.5 percent, to $296.0 million compared to $280.5 million for the same period in 2020. For the quarter ended March 31, 2021, net income available for Common Stockholders decreased $1.7 million, or $0.01 per Common Share, to... More