Seeking Alpha

Equity Lifestyle Properties FFO beats by $0.03, beats on revenue

  • Equity Lifestyle Properties (ELS): Q1 FFO of $0.79 beats by $0.03.
  • Revenue of $196.58M (+7.9% Y/Y) beats by $17.61M.
  • Press Release
Comments (1)
  • pamb13
    , contributor
    Comments (6) | Send Message
     
    What is going to happen to this type of revenue when the recent California lawsuit is taken into consideration? And why can't ELS see it would be so much more effective to give their customers what they are paying for, i.e. adequate maintenance and capital expenditures and fair dealings for the ground rent they are being asked to pay, instead of paying out these multi-million dollar lawsuits, and attorneys?
    22 Apr, 12:07 AM Reply Like
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