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

Elme Communities

14/02/2023 23:12

* Elme Communities  ELME.N   ELME.K  is expected to show a
rise in
quarterly revenue when it reports  results on February 16. 
    * The Washington Washington Dc-based  company is expected to
report  a 24.7% increase in revenue to $55.809 million from
$44.75 million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. 
    * ​Refinitiv'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 no "strong buy" or "buy," 5
"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​, below​ its last closing price of $19.04. ​​​

This summary was machine generated February 14 at 23:12 GMT. 
All figures in US dollars  unless otherwise stated