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

Elme Communities

01/08/2025 21:50

Elme Communities ELME.N, ELME.K is expected to  show a rise in quarterly revenue when it reports  results on August 5 for the period ending June 30 2025

The Bethesda Maryland-based  company is expected to report a 2.2% increase in revenue to $61.42 million from $60.1 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 $18.50, about 18.5% above its last closing price of $15.08

This summary was machine generated August 1 at 20:50 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)