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 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.