Archive

Posts Tagged ‘consensus estimate’

Equity LifeStyle Properties to Release Q2 Financials

July 23rd, 2013 Comments off

Chicago-based, land lease community operator Equity LifeStyle Properties (NYSE:ELS) will announce its second quarter 2013 earnings report in a conference call Tue., July 23 at 11:00 AM. In its first quarter 2013 earnings data, ELS reported revenue of $190.59, beating the consensus estimate of $177.42. According to utahpeoplespost, the revenue for the first quarter increased 5.1 percent on a year-over-year basis. As MHProNews knows, ELS is the largest operator of manufactured housing and recreational vehicle communities in North America, with 383 properties comprised of 142,682 homesites.

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

Louisiana Pacific Industries Sales Rise 48.6% over Q1 2012

May 8th, 2013 Comments off

NASDAQ says Louisiana Pacific Industries, Inc. (LPX) reports in the first quarter of 2013 adjusted earnings per share of $0.41 from continuing operations, in line with Zacks Consensus Estimate, and a strong turnaround from the six cent loss per share for the same period in 2012. Net sales for Q1 increased 48.6 percent year-over-year to $538 million, although Zacks had projected sales of $544 million. Pre-tax earnings were $121 million as opposed to $21 million for the first quarter of 2012. As MHProNews understands, LPX is a component supplier to the manufactured housing industry.

(Photo credit: Wikipedia)

Zacks Downgrades UFPI

November 6th, 2012 Comments off

Zacks Investment Research reports Universal Forest Products, Inc.’s (UFPI) 2012 third quarter earnings fell below year ago earnings per share by $0.01 to $0.28, and $0.10 below Zacks Consensus estimate of $0.38 a share. A $2 million Canadian anti-dumping duty severely impacted the low return. Higher lumber prices contributed to double digit growth in sales, but the volatility of the lumber market and general market conditions leads Zacks to downgrade UFPI from Neutral to Underperform. As MHProNews knows, UFPI supplies wood and wood alternative products to the manufactured housing industry.

(Photo credit: Tim Saville/General Truss)

UFPI Surprises Zacks

May 23rd, 2012 Comments off

Forbes reports on the heels of Universal Forest Products, Inc. (UFPI) strong first quarter 2012 results, whereby Q1 2011 showed a loss of -0.19 per share to first quarter 2012 return of +0.21 per share, and the recent acquisition of MSR Forest Products LLC, Zacks issued a #1 Rank (Strong Buy) for the stock. Zacks Consensus Estimate put the first quarter return at only three cents per share. MHProNews.com understands UFPI is a component supplier to the manufactured housing industry, as is MSR Forest Products.

(Image credit: UFPI,Inc.)