ELS Reports First Quarter Results
Equity LifeStyle Properties reported first quarter Normalized FFO of $0.84 per share, remaining flat compared to the prior year and consistent with the midpoint of previous guidance. Core property operating revenues increased 3.7% year-over-year, while core income from property operations grew 4.9% as core operating expenses rose only 1.8%.
Key figures
- Eps
- 0.56
- Revenue
- 397.6
- Guidance
- FY26 Normalized FFO $3.12 to $3.22
- Ffo
- 0.83
- Normalized FFO
- 0.84
AI analysis
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