Equity Lifestyle Properties (ELS) Meets Q3 FFO Estimates

Equity Lifestyle Properties (ELS) came out with quarterly funds from operations (FFO) of $0.72 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.71 per share a year ago. These figures are adjusted for non-recurring items. A quarter ago, it was expected that this resort community operator would post FFO of $0.65 per share when it actually produced FFO of $0.66, delivering a surprise of 1.54%. Over the last four quarters, the company has surpassed consensus FFO estimates two tim ...