Equity Lifestyle Properities (ELS) Tops Q1 FFO by 2c; Updates FY16 FFO Outlook

Equity Lifestyle Properities (NYSE: ELS) reported Q1 EPS of $0.92, $0.02 better than the analyst estimate of $0.90. Revenue for the quarter came in at $220.1 million versus the consensus estimate of $207.25 million.

GUIDANCE:

Equity Lifestyle Properities sees Q2 2016 EPS of $0.69-$0.75, versus the consensus of $0.75.

Equity Lifestyle Properities sees FY2016 EPS of $3.19-$3.29, versus prior guidance of $3.15-$3.25 and the consensus of $3.24.

For earnings history and earnings-related data on Equity Lifestyle Properities (ELS) click here.

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