What Can We Expect From Equity Lifestyle Properties’s ($ELS) Q3 2024 Earnings?

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Equity Lifestyle Properties (NYSE: ELS) has set the date for the release of its third quarter financial results on Monday 21st October 2024, after market close. Investors and analysts will have a chance to analyze the company's performance during the quarter.

According to the predictions of financial experts on Wall Street, the enterprise is expected to announce an anticipated $0.44 profit per share for the quarter. Further, the firm is poised to disclose a total revenue of $380.48 million for the period.

During the same quarter of the previous year, the company made public its income of $0.71 per share, which were derived from a quarterly revenue of $388.81 million.

Analysts on Wall Street have shared their predictions regarding the annual performance of the company, estimating a total revenue of $1.49 billion. Additionally, they are expecting the company to achieve per share profit of $1.86 for the fiscal year.

Period EPS
Actual
EPS
Growth*
Revenue
Actual
Revenue
Growth*
Historical Earnings Insight
Q2 2024 $0.66 0% 380.02 M +2.7%
Q1 2024 $0.78 +5.4% 386.57 M +4.5%
Q4 2023 $0.71 +7.6% 360.64 M +5.9%
Q3 2023 $0.71 +1.4% 388.81 M +2.1%
Q2 2023 $0.66 +3.1% 370.01 M +1.3%
*Growth on year-over-year basis

 

ELS has scheduled a conference call on 22nd October 2024 at 11:00 AM eastern time to discuss the third quarter financial results and other related information.

Thursday's trading saw Equity Lifestyle Properties (ELS) shares hit a low of $69.34 and a high of $70.44, with a day volume of 1.22 million shares. The stock closed the regular trading session at $70.13, showing 0.17 percent advance.