ELS Reports Q4 Financials

RTTNews says Equity LifeStyle Properties (ELS) reports revenues for Q4 2012 increased to $171.93 million from $162.32 million for the same period in 2011. Funds from operations (FFO) for the fourth quarter hit $50.3 million, or $1.11 per share, as compared to $44.8 million, or $0.99 per share for the same period the previous year. For fiscal year 2013, the company anticipates FFO per share to range from $4.94 to $5.14. MHProNews understands ELS, the largest MHC owner in North America, owns and operates 380 communities comprised of over 141,000 homesites.

(Photo credit: Equity LifeStyle Properties, Inc.–Lake Haven, Clearwater, Fla.)

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