Elme Communities expected to post a loss of 4 cents a share - Earnings Preview

Elme Communities

29/04/2025 22:01

Elme Communities ELME.N, ELME.K is expected to show a rise in quarterly revenue when it reports  results on May 1 for the period ending March 31 2025

The Bethesda Maryland-based  company is expected to report a 2.9% increase in revenue to $61.213 million from $59.51 million a year ago, according to the mean estimate from 3 analysts, based on LSEG data.

​LSEG's mean analyst estimate for Elme Communities is for a loss of 4 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 $19.00​, above​ its last closing price of $15.41. ​​​

This summary was machine generated April 29 at 21:01 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)