Q2 FY2026 EarningsQ2 FY26 results beat consensus across the board, with revenue of $397.82M vs. $383.74M expected and Diluted EPS of $0.50 vs. $0.437 consensus. Performance was driven by robust 5.8% growth in Core MH base rental income, entirely supported by rate increases, highlighting strong pricing power. While Annual RV income grew 5.4% YoY, Seasonal and Transient RV segments saw occupancy-driven declines of 11.2% and 8.9% respectively, though the consolidated impact was offset by high utility recovery rates and casualty-related insurance gains.
Financial report interval: 2026.03.30 - 2026.06.30
Overview: Equity Lifestyle Property(ELS) the Revenue is 397.82 M (+5.56%), Beat estimate;the EBIT is 128.93 M (+9.91%), Beat estimate;the EPS is 0.5 (+19.05%), Beat estimate.
Actual
YoY
Estimate
YoY
Vs estimate
YoY
RevenueExceed expectations
0.40B5.56%
0.38B1.83%
+0.01B3.73%
EBITExceed expectations
0.13B9.91%
0.12B3.69%
+0.01B6.22%
EPSExceed expectations
0.519.05%
0.43714.08%
+0.062914.97%
Revenue
ActualEstimateUnit: USD
qf
EBIT
ActualEstimateUnit: USD
qf
Net income
ActualEstimateUnit: USD
qf
EPS
ActualEstimateUnit: USD
qf