04:42 PM EDT, 07/22/2024 (MT Newswires) -- Equity Lifestyle Properties ( ELS ) reported Q2 normalized funds from operations late Monday of $0.66 per diluted share, up from $0.64 a year earlier.

Analysts surveyed by Capital IQ expected $0.65.

Revenue for the quarter ended June 30 was $380 million, up from $370 million a year earlier.

Four analysts surveyed by Capital IQ expected $374.1 million.

The company estimates Q3 normalized FFO of $0.69 to $0.75 per share. Analysts surveyed by Capital IQ expect $0.72.

Equity Lifestyle raised its full-year 2024 normalized FFO outlook to a range of $2.86 to $2.96 from $2.84 to $2.94 per share. Analysts surveyed by Capital IQ expect $2.90.