Elme Communities reports results for the quarter ended in December - Earnings Summary

Elme Communities

16/02/2023 22:46

* Elme Communities  ELME.N  reported a quarterly adjusted
loss
of 4 cents​​ per share for the quarter ended in December. The
lone analyst forecast for the quarter was for a loss of 4 cents
per share.
    * Revenue rose 24.2% to $55.59 million from a year ago;
analysts
expected $55.81 million. 
    * Elme Communities's reported EPS for the quarter was a loss
of 4
cents​.
    * The mean earnings estimate of analysts had risen by
about 1.8%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Elme Communities shares had risen by 7.1% this quarter.
    * The company reported a quarterly loss of $3.53 million.
    * Wall Street's median 12-month price target for Elme
Communities
is $18.00 
    * 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." 

This summary was machine generated from Refinitiv data February
16 at 10:46 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.25           0.21           Missed
 Sep. 30 2022      0.23           0.23           Met
 Jun. 30 2022      0.22           0.21           Missed
 Mar. 31 2022      0.20           0.20           Met