Equity LifeStyle Properties “reported its preliminary assessment of the impact of Hurricane Helene on its Florida, North Carolina and South Carolina properties. No injuries to our residents, guests or employees have been reported. Certain properties were affected by flooding, wind, wind-blown debris, and falling trees and branches. We are in the process of estimating costs associated with cleanup and restoration efforts. We believe that we have adequate insurance, subject to deductibles, including business interruption coverage. At this time, we do not believe that Hurricane Helene will significantly impact our results of operations or our financial condition on a consolidated basis.”
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ELS:
- Five Below downgraded, DoorDash upgraded: Wall Street’s top analyst calls
- Wells Fargo more bullish on Equity Lifestyle, upgrades to Overweight
- Equity Lifestyle upgraded to Overweight from Equal Weight at Wells Fargo
- Equity Lifestyle price target raised to $76 from $73 at Evercore ISI
- Equity Lifestyle price target raised to $73 from $72 at Evercore ISI
Questions or Comments about the article? Write to editor@tipranks.com