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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100