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Elme Communities <ELME.N> expected to post a loss of 3 cents a share - Earnings Preview

ReutersFeb 11, 2025 9:30 PM
  • Elme Communities ELME.N, ELME.K is expected to show a rise in quarterly revenue when it reports results on February 13 for the period ending December 31 2024

  • The Bethesda Maryland-based company is expected to report a 2.8% increase in revenue to $60.495 million from $58.85 million a year ago, according to the mean estimate from 4 analysts, based on LSEG data. (SAL Represent Rental Revenue)

  • ​LSEG's mean analyst estimate for Elme Communities is for a loss of 3 cents per share.

  • The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell."

  • The mean earnings estimate of analysts was unchanged in the last three months. ​

  • Wall Street's median 12-month price target for Elme Communities is $17.00​, above​ its last closing price of $15.55. ​​​

This summary was machine generated February 11 at 21:30 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

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