Equity lifestyle properties, inc. provides earnings guidance for the fourth quarter and full year ending december 31, 2019 and for the year endings december 31, 2020
Equity lifestyle properties, inc. provided earnings guidance for the fourth quarter and full year ending december 31, 2019. for the quarter, the company expects growth factor for property operating revenues of 3.9% and income from property operations, excluding deferrals and property management of 4.6% and total resort base rental income of 4.9% compared to actual 2018 performance.for the year, the company expects property operating revenues of $978.3 million, income from property operations, excluding deferrals and property management of $575.0 million and total resort base rental income $258.9 million. the company also provided earnings guidance for the year endings december 31, 2020. for the year, the company expects net income available for common stockholders of $253.6 million and net income per common share - fully diluted of $1.36 to $1.42. the company expects growth factor for property operating revenues of 4.6% and income from property operations, excluding deferrals and property management of 5.3% and total resort base rental income of 5.2% compared to estimated 2019 performance.
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