earnings
confidence high
sentiment negative
materiality 0.75
ELS Q3 revenue up 9.7% to $381M; EPS down to $0.36; guidance revised for Hurricane Ian
EQUITY LIFESTYLE PROPERTIES INC
2022-Q3 EPS reported
$1.14
revenue$1,106,476,000
- Q3 total revenues $381.0M, up 9.7% YoY; net income $67.2M ($0.36 per share), down from $70.6M ($0.38).
- Nine-month revenues $1,106.5M (+12.8%); net income $211.6M ($1.14 per share) vs $196.9M ($1.08).
- Updated 2022 guidance assumptions due to Hurricane Ian, impacting property restoration costs and revenue loss.