Equity Lifestyle Props (NYSE:ELS) is set to give its latest quarterly earnings report on Monday, 2022-01-24. Here’s what investors need to know before the announcement.
Analysts estimate that Equity Lifestyle Props will likely report an Earnings Per Share (EPS) of $0.33.
Equity Lifestyle Props bulls will hope to hear the company to announce they’ve not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Here’s a look at Equity Lifestyle Props’s past performance and the resulting price change:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.31 | |||
| EPS Actual | 0.65 | 0.61 | 0.64 | 0.57 |
| Price Change % | -0.31% | 3.24% | 0.93% | 1.22% |
Stock Performance
Shares of Equity Lifestyle Props were trading at $77.13 as of January 20. Over the last 52-week period, shares are up 21.7%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
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