Elme Communities (ELME) Misses Q3 EPS by 1c

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Elme Communities Announces Third Quarter 2024 Results

November 4, 2024 4:15 PM EST

BETHESDA, Md., Nov. 04, 2024 (GLOBE NEWSWIRE) -- Elme Communities (the Company) (NYSE: ELME), a multifamily REIT with communities in the Washington, DC metro area and the Atlanta metro area, reported financial and operating results today for the quarter ended September 30, 2024:

Financial Results

Net loss was $3.0 million, or $0.03 per diluted shareNAREIT FFO was $20.5 million, or $0.23 per diluted shareCore FFO was $20.7... More