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ELS Reconfirms Fiscal 2012 Earnings Forecast

November 15, 2011 by   - () Leave a Comment

ELS reconfirms Fiscal 2012 forecast.

Equity LifeStyle Properties Inc. (ELS) today (Nov. 15) reconfirmed previously issued guidance for its net income per share (fully diluted) and funds from operations (FFO) per share (fully diluted) for the year ending Dec. 31, 2012, to be $0.89 and $4.42, respectively.

The projected 2012 per-share amounts represent the mid-point of a range of possible outcomes and reflects management’s best estimate of the most likely outcome, Streetinsider.com reported.

ELS is a real estate investment trust based in Chicago that owns or operates “lifestyle-oriented” properties, with 365 properties in 32 states and the Canadian province of British Columbia, with 134,005 sites for factory-built homes, cottages, cabins or recreational vehicles.

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