Elme Communities expected to post earnings of 1 cent a share - Earnings Preview

Elme Communities

26/04/2023 03:02

* Elme Communities  ELME.N   ELME.K  is expected to show a
rise in
quarterly revenue when it reports  results on April 27. 
    * The Washington Washington Dc-based  company is expected to
report  a 18.4% increase in revenue to $56.598 million from
$47.8 million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Elme Communities is
for
earnings of 1 cent 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 had fallen by
about 0.2%
in the last three months. ​
    * Wall Street's median 12-month price target for Elme
Communities
is $19​, above​ its last closing price of $17.37. ​​​

This summary was machine generated April 26 at 02:02 GMT.  All
figures in US dollars  unless otherwise stated