Equity LifeStyle Properties, Inc. ($ELS) reported its fourth-quarter earnings for fiscal year 2024, revealing a net income of $95.98 million and an adjusted earnings per share (EPS) of $0.76. The company's revenue for the quarter was $372.32 million, which fell short of analysts' expectations of $375.05 million. In response to its performance, Equity LifeStyle Properties announced a 7.9% increase in its annual dividend rate, raising it from $1.91 to $2.06 per share. For 2025, the company provided guidance for normalized funds from operations (FFO) at $3.06 per share, with a projected growth in core property operating income of 4.9%. Additionally, the company expanded its portfolio by adding 736 sites during fiscal year 2024.