EQUITY LIFESTYLE PROPERTIES INC (ELS) Form 8-K — Jul 23, 2026
Equity LifeStyle Properties reported second quarter Normalized FFO of $0.74 per share, exceeding the high end of its previous guidance range of $0.69 to $0.75. Total revenues for the quarter increased to $397.8 million compared to $376.9 million in the prior year, driven by growth in both manufactured housing and RV/marina segments. The company updated its full year 2026 guidance, increasing the midpoint for Normalized FFO to $3.18 per share, up from the previous midpoint of $3.17. Core Portfolio operations generated 6.5% growth in income from property operations, reflecting outperformance in both property operating revenues and expense management.
Key figures
- Eps
- 0.5
- Revenue
- 397.8
- Net Income
- 96.3
- Total Debt
- 3336
- Total Assets
- 5801
- Ffo per share q2
- 0.77
- Normalized ffo per share q2
- 0.74
- Core property operating revenues q2
- 360.9
- Core income from property operations q2
- 206.1
- Guidance full year normalized ffo range
- 3.13 to 3.23
Price after filing
Close on the filing date to close N calendar days later (from $64.90). Historical, not a forecast.
AI analysis
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