Equity Lifestyle Properties (ELS) Matches Q3 FFO Estimates

Equity Lifestyle Properties (ELS) came out with quarterly funds from operations (FFO) of $0.75 per share, in line with the Zacks Consensus Estimate . This compares to FFO of $0.72 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 $0.69 per share when it actually produced FFO of $0.69, delivering no surprise.Over the last four quarters, the company has not been able to surpass consensus FFO estimates. ...