This was a no-brainer. When I saw that ELS was down a few percentage points more than SUI, I first looked for news on ELS, found an earnings release the night before, then looked for SUI news and found none. I knew right away that SUI's selloff was rub-off from a less than expected ELS report.
From under 152 on Tuesday to over 163 today. Not bad for 3 days.
I expect upper end of guidance or a tiny beat with Monday's earnings report. However I doubt annual guidance will be raised much if at all unless it comes from post prior guidance acquisitions because I think the price of gas and diesel is parking some paycheck to paycheck RVs and boats. These will be the smaller ones because if one can afford a 700K boat, fuel cost is not an issue. Same goes for Class A RVs.