ELS - Equity LifeStyle Properties Inc. (ELS) Q1 2024 Earnings Call Transcript
2024-04-23 12:56:03 ET
Equity LifeStyle Properties, Inc. (ELS)
Q1 2024 Earnings Conference Call
April 23, 2024 11:00 AM ET
Company Participants
Marguerite Nader - President & Chief Executive Officer
Patrick Waite - Executive Vice President & Chief Operating Officer
Paul Seavey - Executive Vice President & Chief Financial Officer
Conference Call Participants
Josh Dennerlein - Bank of America
Jamie Feldman - Wells Fargo
Eric Wolfe - Citi
Michael Goldsmith - UBS
Keegan Carl - Wolfe Research
Samir Khanal - Evercore ISI
John Kim - BMO Capital Markets
Wes Golladay - Baird
Anthony Hau - Truist Securities
John Pawlowski - Green Street
Presentation
Operator
Good day, everyone, and thank you for joining us to discuss Equity LifeStyle Properties' First Quarter 2024 Results. Our featured speakers today are Marguerite Nader, our President and CEO; Paul Seavey, our Executive Vice President and CFO; and Patrick Waite, our Executive Vice President and COO.
In advance of today's call, management released earnings. Today's call will consist of opening remarks and a question-and-answer session with management relating to the company's earnings release. For those who would like to participate in the question-and-answer session, management asks that you limit yourself to two questions, so everybody would like to participate has ample opportunity.
As a reminder this call is being recorded. Certain matters discussed today on this conference call may contain forward-looking statements in the meanings of the federal securities laws. Our forward-looking statements are subject to certain economic risk and uncertainty. The company assumes no obligation to update or supplement any statements that become untrue because of subsequent events.
In addition during today's call, we will discuss non-GAAP financial measures as defined by SEC Regulation G. Reconciliations of this non-GAAP financial measures to the comparable GAAP financial measures are included in our earnings release, our supplemental information and our historical SEC filings.
At this time, I would like to turn the call over to Marguerite Nader our President and CEO.
Marguerite Nader
Good morning and thank you for joining us today. I am pleased to report the results for the first quarter of 2024. Quality of our cash flow, our in-demand locations, the lack of new supply and the strength of our balance sheet continues to allow us to report impressive results. In times of macroeconomic uncertainty, we continue to deliver strong revenue growth as well as expense control throughout our portfolio....
Equity LifeStyle Properties, Inc. (ELS) Q1 2024 Earnings Call Transcript