Elme Communities expected to post earnings of 2  cents a share - Earnings Preview

Elme Communities

25/10/2023 03:02

* Elme Communities  ELME.N   ELME.K  is expected to show a
rise in
quarterly revenue when it reports  results on October 26. 
    * The Bethesda Maryland-based  company is expected to report
 a
4.9% increase in revenue to $57.294 million from $54.6 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 2 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 $16.25​, above​ its last closing price of $13.64. ​​​

This summary was machine generated October 25 at 02:01 GMT.  All
figures in US dollars  unless otherwise stated