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

Elme Communities

13/02/2024 22:34

* Elme Communities  ELME.N   ELME.K  is expected to show a
rise in
quarterly revenue when it reports  results on February 15 for
the period ending December 31 2023
    * The Bethesda Maryland-based  company is expected to report
a
5.5% increase in revenue to $58.63 million from $55.59 million a
year ago, according to the mean estimate from 4 analysts, based
on LSEG data. (SAL Represent Rental Revenue)
    * ​LSEG'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 1 "strong buy" or "buy," 3
"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 $15.00​, above​ its last closing price of $14.13. ​​​

This summary was machine generated February 13 at 22:34 GMT. 
All figures in US dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)