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Equity LifeStyle affirms FFO guidance for Q2, FY'18

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Equity LifeStyle affirms FFO guidance for Q2, FY'18

Equity LifeStyle Properties Inc. affirmed its second-quarter and full-year guidance for funds from operations and normalized FFO.

The residential real estate investment trust expects FFO and normalized FFO for the second quarter of between 85 cents and 91 cents per share, and FFO and normalized FFO for the full year of between $3.81 and $3.91 per share.

The S&P Capital IQ consensus per-share FFO estimates for the second quarter and full year are 89 cents and $3.88, respectively.