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

Elme Communities

29/07/2023 03:04

* Elme Communities  ELME.N   ELME.K  is expected to show a
rise in
quarterly revenue when it reports  results on July 31. 
    * The Washington Washington Dc-based  company is expected to
report  a 10.4% increase in revenue to $56.705 million from
$51.38 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
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 was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Elme
Communities
is $18​, above​ its last closing price of $16.17. ​​​

This summary was machine generated July 29 at 02:04 GMT.  All
figures in US dollars  unless otherwise stated