Equity LifeStyle Properties Q2 Normalized FFO Increase, Revenue Falls; Reiterates Full-Year Guidance-February 2024-www.financetom.com

Equity LifeStyle Properties Q2 Normalized FFO Increase, Revenue Falls; Reiterates Full-Year Guidance

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Equity LifeStyle Properties Q2 Normalized FFO Increase, Revenue Falls; Reiterates Full-Year Guidance

Jul 21, 2025 2:14 PM

04:34 PM EDT, 07/21/2025 (MT Newswires) -- Equity LifeStyle Properties ( ELS ) reported Q2 normalized funds from operations late Monday of $0.69 per diluted share, up from $0.66 a year earlier.

Analysts polled by FactSet expected $0.69.

Revenue for the quarter ended June 30 was $376.9 million, down from $380 million a year earlier. Analysts' estimate for total revenue was not available.

The company said it expects Q3 normalized funds from operations of $0.72 to $0.78 per share. Analysts surveyed by FactSet expect $0.74.

Equity LifeStyle reiterated full-year 2025 normalized funds from operations of $3.01 to $3.11 per share. Analysts surveyed by FactSet expect $3.07.

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