ELS Reports Gains in 4Q FFO; Net Income Dips

January 28, 2014 by RV Business

Chicago-based Equity LifeStyle Properties Inc. (ELS) reported fourth-quarter funds from operations, or FFO, increased to $54.9 million, or 60 cents per share, from $50.3 million, or 55 cents per share, in the same period last year. Normalized FFO for the quarter was $56.6 million or 62 cents per share, up from $50.5 million or 56 [...]