Equity Lifestyle Properties, Inc. (ELS) 2Q20 Earnings Sneak Preview

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Equity Lifestyle Properties, Inc. (NYSE:ELS) is set to announce second quarter earning results on Monday 20th July 2020, after market close.

Analysts surveyed by Thomson Reuters are predicting, ELS to report 2Q20 income of $ 0.24 per share.

For the full year, analysts anticipate top line of $ 569.93 million, while looking forward to income of $ 1.18 per share bottom line.

The Company Outlook

Full Year 2020 bottomline are predicted in a range of $ 2.19 ~ $ 2.25 per share

Click Here For More Historical Outlooks Of Equity Lifestyle Properties, Inc.

Previous Quarter Performance

Equity Lifestyle Properties, Inc. unveiled income for the first quarter of $ 0.59 per share, from the revenue of $ 141.40 million. The quarterly earnings reduced 6.35 percent while revenues developed 4.51 percent compared with the same quarter last year.
According to street consensus, ELS was expected to report 1Q20 income of $ 0.37 per share from revenue of $ 141.13 million. The bottom line results beat street analysts by $ 0.22 or 59.46 percent, at the same time, top line results outshined analysts by $ 0.27 million or 0.19 percent.

Historical Earnings Performance
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Click Here For More Historical Earnings Of Equity Lifestyle Properties, Inc.

Stock Performance

According to the previous trading day, closing price of ELS was $ 64.10, representing a 52.73 % increase from the 52 week low of $ 41.97 and a 17.34 % decrease over the 52 week high of $ 77.55.

The company has a market capital of $ 11.68 billion and is part of the Real Estate sector and REIT – Residential industry.

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We are a self-administered, self-managed real estate investment trust (“REIT”) with headquarters in Chicago. As of July 22, 2019, we own or have an interest in 413 quality properties in 33 states and British Columbia consisting of 155,973 sites.