Elme Communities expected to post a loss of 4 cents a share - Earnings Preview
Elme Communities
ELME,
ELME is expected to show a rise in quarterly revenue when it reports results on August 5 for the period ending June 30 2025
The Bethesda Maryland-based company is expected to report a 2.2% increase in revenue to $61.42 million from $60.1 million a year ago, according to the mean estimate from 3 analysts, based on LSEG data.
LSEG's mean analyst estimate for Elme Communities is for a loss of 4 cents per share.
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 4 "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 $18.50, about 18.5% above its last closing price of $15.08