Equity LifeStyle Properties Inc. (ELS) announced that its fourth-quarter net income available to common stockholders totaled $6.3 million or $0.21 per share, compared to a net loss of $13 thousand or breakeven per share for the same period in 2008. Funds From Operations were $27.7 million or $0.79 per share, compared to $20.6 million or $0.67 per share for the same period in 2008. Property operating revenues were $115.0 million, compared to $110.3 million in the fourth quarter of 2008.
Analysts polled by Thomson Reuters expected the company to report earnings of $0.67 per share for the quarter. Analysts' estimates typically exclude special items.
For the first-quarter, FFO per share is projected to be in the range of $0.98 to $1.08.
For 2010, FFO per share is projected to be in the range of $3.39 - $3.59. Analysts expect the company to report earnings of $3.49 per share for fiscal 2010.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.