Equity LifeStyle Properties Inc. Announces First Quarter 2023 Earnings Release and Conference Call – Marketscreener.com
Equity LifeStyle Properties, Inc. (NYSE:ELS) (hereinafter referred to as the “Company,” “we,” “us,” and “our”) announced today that the company will pay its first quarterly 2023 bonus on Monday, April. 17. 2023 near the market. The Company’s executive management team will host a conference call and webcast on Tuesday, April 18, 2023 at 11:00 a.m. Eastern Time to discuss the Company’s operating and financial results.
A live webcast and replay of the conference call will be available on our website at www.equitylifestyleproperties.com in the Investor Relations section under Events.
Research analysts and other interested parties who wish to participate in the conference call should register here connection at least fifteen minutes before the start of the call to receive the details of the clock.
This press release includes certain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. When used, words such as “anticipate,” “expect,” “believe,” “project,” “intend.” “is” and “will” and similar words or phrases or negatives, unless the context otherwise requires, are intended to be forward-looking statements and include, without limitation, information about our expectations, goals or intentions. future and expected consequences. These forward-looking statements are subject to many assumptions, risks and uncertainties, including, but not limited to;
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our ability to control costs and actual business conditions, our ability to retain customers, use of locations by customers and our success in acquiring new customers at our properties (including those we acquire);
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our ability to maintain historical or increase future rental rates and occupancy with respect to properties currently owned or acquired;
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our ability to attract and retain customers by entering, renewing and upgrading subscriptions;
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our assumptions about rent and home markets and sales;
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our ability to manage counterparty risk;
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our ability to renew our insurance policies at existing rates and accordingly;
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domestic sales results could be impacted by the ability of potential homeowners to sell their existing residences as well as by financial, credit and capital market volatility;
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Results from home sales and occupancy will continue to be impacted by local economic conditions, including an insufficient supply of reasonably priced homes, a lack of affordable home products, financing and competition from alternative housing options that are built for single-family housing;
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the impact of government intervention to stabilize the location of single-family manufactured housing and non-manufactured housing;
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the impact of the COVID-19 pandemic or other highly infectious or contagious diseases on our business operations, residents, customers, employees and the economy generally;
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effective integration of recent acquisitions and our assessments of the future performance of recent acquisitions;
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of future transactions in full, if necessary, and in a timely and effective manner with respect to him;
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costs or unexpected expenses associated with recent acquisitions;
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The effects of Hurricane Ian on our business including, but not limited to, the following: (i) the timing and cost of recovery, (ii) the condition of properties and the impact of property enforcement and rental income and (m) the timing. and the amount of insurance proceeds;
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our ability to obtain financing or refinance as needed or at all;
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the effect of inflation and quantity;
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from any breach of our management, or that of any of our vendors;
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dilutive effects of additional reporting;
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the outcome of pending or future lawsuits or actions brought by or against us, including those disclosed in our filings with the Securities and Exchange Commission; and
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other risks are sometimes disclosed in our filings with the Securities and Exchange Commission.
For further information on these and other matters that may affect us and said content, we refer to our filings with the Securities and Exchange Commission, including the “Risk Factors” section in our most recent Annual Report on Form XK and subsequent Quarterly Reports on Form XQ.
This forward-looking statement is based on management’s current expectations and beliefs about future events. As with any projection or forecast, these statements are subject to uncertainty and changes in circumstances. We are under no obligation, and we expressly disclaim any obligation, to update or change any forward-looking statements, whether as a result of such changes, new information, subsequent events or otherwise.
We are a fully integrated owner of lifestyle properties and own or have an interest in 449 properties predominantly in the United States, consisting of 171,248 locations as of February 21, 2023. We are self-managed, self-managed, real estate. with Chicago headquarters in the investment trust.
