Elme Communities expected to post a loss of 6 cents a share - Earnings Preview

Elme Communities

26/10/2022 24:19

* Elme Communities  ELME.N   ELME.K  is expected to show a
rise in
quarterly revenue when it reports  results on October 27. 
    * The Washington Washington Dc-based  company is expected to
report  a 25.2% increase in revenue to $53.197 million from
$42.5 million a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Elme Communities is
for a
loss of 6 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "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 $22​, above​ its last closing price of $18.58. ​​​

This summary was machine generated October 25 at 23:19 GMT.  All
figures in US dollars  unless otherwise stated