Equity Lifestyle Props Q2 FFO $0.66 Up From $0.64 YoY, Sales $370.00M Miss $376.33M Estimate
Portfolio Pulse from Benzinga Newsdesk
Equity Lifestyle Props (NYSE:ELS) reported Q2 earnings of $0.66 per share, a 3.13% increase YoY. However, the company's quarterly sales of $370.00 million missed the analyst consensus estimate of $376.33 million by 1.68%.
July 17, 2023 | 8:17 pm
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Equity Lifestyle Props reported a YoY increase in Q2 earnings but missed sales estimates.
While ELS reported a YoY increase in Q2 earnings, the missed sales estimates could potentially offset the positive impact of the earnings increase on the stock price in the short term.
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IMPORTANCE 80
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