Elme Communities (ELME) Reports In-Line Q4 EPS, Beats on Revenue
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Elme Communities Announces Fourth Quarter and Full Year 2024 Results
February 13, 2025 4:15 PM ESTBETHESDA, Md., Feb. 13, 2025 (GLOBE NEWSWIRE) -- Elme Communities (the Company or Elme) (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 and year ended December 31, 2024:
Fourth Quarter Financial and Operational Highlights
Net loss was $3.0 million, or $0.03 per diluted shareCore FFO was $20.7 million, or $0.24 per diluted shareSame-store multifamily NOI increased by 1.7% compared to the prior year... More