secwatch.observer — SEC 8-K summary
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Issuer:     EQUITY LIFESTYLE PROPERTIES INC (ELS)
CIK:        0000895417
Form:       8-K
Filed at:   2022-10-18T23:59:59+00:00
Accession:  0000895417-22-000054
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ELS Q3 revenue up 9.7% to $381M; EPS down to $0.36; guidance revised for Hurricane Ian
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/895417/000089541722000054/0000895417-22-000054-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/895417/000089541722000054/els-20221017.htm
  HTML page:      https://secwatch.observer/filing/0000895417-22-000054

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer