Earnings / REITs
ELS lifts normalized FFO 4.6% and holds its 2026 guidance midpoint at $3.18 a share
Normalized FFO of $0.79 a share matched the midpoint of the prior per-share range of $0.76 to $0.82, while a $12.1 million deferred tax valuation allowance cut net income per share to $0.45 from $0.50.