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Equity LifeStyle Properties offers Q1, FY'17 guidance

Equity LifeStyle Properties Inc. issued funds from operations and normalized FFO estimates of 95 cents to $1.01 per common share for the first quarter.

For the full year, the company expects FFO per share and normalized FFO per share to be in the range of $3.48 to $3.58. In October 2016, the company provided a preliminary full year 2017 estimate of between $3.45 and $3.55 per share for both FFO and normalized FFO.

The S&P Capital IQ consensus FFO-per-share estimates for the first quarter and full year are 99 cents and $3.53, respectively.