* Elme Communities is expected to show a rise in quarterly revenue when it reports results on August 1 for the period ending June 30 2024
* The Bethesda Maryland-based company is expected to report a 6.7% increase in revenue to $60.367 million from $56.6 million a year ago, according to the mean estimate from 3 analysts, based on LSEG data. (SAL Represent Rental Revenue)
* LSEG's mean analyst estimate for Elme Communities is for a loss of 3 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, below its last closing price of $16.80.
This summary was machine generated July 31 at 02:57 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)
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