According to CNBC, Chicago-based Equity LifeStyle Properties, Inc. (ELS) earned funds from operations (FFO) for Q3 2014 of $63.1 million, $0.69 per share, besting Zacks Investment Research estimate of $0.66 per share.

On revenues of $200.6 million, the REIT (real estate investment trust) reported net income of $25.7 million, or $0.31 per share. Company shares have gained 24 percent since Jan 1, 2014, closing in trading Tue., Oct. 21 up +2.83 percent at $46.27.

As MHProNews knows, ELS has an interest in 380 manufactured housing and recreational vehicle properties comprised of approximately 140,000 homesites across the U. S. and Canada.

ELS has long been one of the stocks tracked by the Daily Business News, see link here.##

(Photo credit: Equity LifeStyle Properties – Colony Cove MHC, Ellenton, Florida)

(Submitted by Matthew J. Silver to the Daily Business News-MHProNews)