Workflow
Compared to Estimates, Equity Lifestyle Properties (ELS) Q3 Earnings: A Look at Key Metrics

Core Insights - Equity Lifestyle Properties (ELS) reported revenue of $393.31 million for the quarter ended September 2025, reflecting a year-over-year increase of 1.6% but a revenue surprise of -1.35% compared to the Zacks Consensus Estimate of $398.7 million [1] - The company's earnings per share (EPS) was $0.75, up from $0.44 in the same quarter last year, aligning with the consensus EPS estimate [1] Revenue Breakdown - Interest income was reported at $2.77 million, exceeding the average estimate of $2.31 million by two analysts, representing a year-over-year increase of 14% [4] - Annual membership subscriptions generated $17.87 million, surpassing the $17.03 million average estimate, with a year-over-year change of +6.9% [4] - Income from other investments, net, was $1.97 million, below the average estimate of $2.25 million, indicating a year-over-year decline of 10% [4] - Rental income reached $327.44 million, exceeding the estimated $322.65 million, with a year-over-year increase of 4.1% [4] - Other income was reported at $15.22 million, falling short of the $17.58 million average estimate, reflecting a year-over-year decrease of 7.4% [4] - Membership upgrade sales grossed $3.12 million, significantly lower than the estimated $4.24 million, marking a drastic year-over-year decline of 69% [4] Stock Performance - Shares of Equity Lifestyle Properties have returned +4.3% over the past month, outperforming the Zacks S&P 500 composite's +1.1% change [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]