Brief: Elme Communities Announces Fourth Quarter And Full Year 2022 Results

Elme Communities

16/02/2023 23:02

Feb 16 (Reuters) - Elme Communities  ELME.N :
    * ANNOUNCES FOURTH QUARTER AND FULL YEAR 2022 RESULTS
    * MANAGEMENT IS REAFFIRMING ITS 2023 CORE FFO, WHICH IS
EXPECTED
TO RANGE FROM $0.96 TO $1.04 PER FULLY DILUTED SHARE
    * QTRLY NET LOSS WAS $3.5 MILLION, OR $0.04 PER DILUTED
SHARE
    * QTRLY NAREIT FFO WAS $18.3 MILLION, OR $0.21 PER DILUTED
SHARE
    * QTRLY CORE FFO WAS $21.5 MILLION, OR $0.24 PER DILUTED
SHARE
    * NO ACQUISITIONS ARE ASSUMED IN 2023
    * SEES FY 2023 CORE FFO PER DILUTED SHARE $0.96 - $1.04
    * SEES FY 2023 NAREIT FFO PER DILUTED SHARE $0.93 TO  $1.00
    * Q4 FFO PER SHARE VIEW $0.25 -- REFINITIV IBES DATA
    * FY2023 FFO PER SHARE VIEW $0.99 -- REFINITIV IBES DATA
    * Q4 REVENUE VIEW $55.8 MILLION -- REFINITIV IBES DATA

Source text for Eikon:  ID:nGNXbQF8w 
Further company coverage:  ELME.N