Equity Lifestyle Properties (ELS) Reports Q4 Earnings: What Key Metrics Have to Say

Core Insights - Equity Lifestyle Properties (ELS) reported a revenue of $373.87 million for the quarter ended December 2025, reflecting a 0.4% increase year-over-year and a surprise of +0.16% over the Zacks Consensus Estimate of $373.26 million [1] - The earnings per share (EPS) for the quarter was $0.79, compared to $0.50 in the same quarter last year, resulting in an EPS surprise of +1.82% against the consensus estimate of $0.78 [1] Revenue Breakdown - Rental income reached $314.6 million, exceeding the average estimate of $313.68 million by two analysts, marking a year-over-year increase of +4.4% [4] - Annual membership subscriptions generated $18.15 million, surpassing the average estimate of $17.31 million, with a year-over-year growth of +9.5% [4] - Income from other investments, net, was reported at $2.7 million, significantly higher than the average estimate of $1.89 million, showing a remarkable year-over-year increase of +90.8% [4] - Other income was reported at $15.55 million, below the estimated $17.94 million, reflecting a year-over-year decline of -42.8% [4] - Interest income amounted to $2.36 million, slightly below the average estimate of $2.6 million, with a year-over-year increase of +6.4% [4] - Membership upgrade sales grossed $3.12 million, falling short of the average estimate of $3.74 million, indicating a year-over-year decrease of -39.4% [4] - The diluted net earnings per share was reported at $0.52, matching the average estimate of $0.52 by two analysts [4] Stock Performance - Shares of Equity Lifestyle Properties have returned +3.2% over the past month, outperforming the Zacks S&P 500 composite, which changed by +0.8% [3] - The stock currently holds a Zacks Rank 4 (Sell), suggesting potential underperformance relative to the broader market in the near term [3]