ELME - Earnings announcements

BETHESDA, Md., Oct. 15, 2025 (GLOBE NEWSWIRE) -- Elme Communities (the "Company") (NYSE:ELME), a value-oriented multifamily owner and operator, will release third quarter earnings results after market close on Thursday, October 23rd, 2025. The Company will not hold a conference call related to the third quarter earnings release. About Elme Communities Elme Communities is committed to elevating what home can be by providing a higher level of quality, service, and experience. The company is a multifamily real estate investment trust that owns and operates apartment homes in the Washington, DC metro and the Atlanta metro. Contact:Investor RelationsAmy Hopkins202-774-3253ahopkins@elmecommun

BETHESDA, Md., Aug. 05, 2025 (GLOBE NEWSWIRE) -- Elme Communities (the "Company" or "Elme") (NYSE:ELME), a multifamily REIT, reported financial and operating results today for the quarter ended June 30, 2025: Financial Results     Three months ended June 30,  2025   2024 Net loss per diluted share$(0.04) $(0.04)Core FFO per diluted share 0.24   0.23  Operational Highlights Same-store multifamily NOI increased by 4.5% compared to the prior year quarterSame-store Average Effective Monthly Rent Per Home increased 1.4% compared to the prior year quarterEffective blended Lease Rate Growth was 1.3% for our Same-Store Portfolio during the quarter, comprised of effective new Lease Rate Gr

Elme to Seek Shareholder Approval for Cortland Portfolio Transaction and Plan of Sale and Liquidation Intends to Make Total Upfront Distributions to Shareholders of Approximately $14.68 to $15.00 per Share assuming the Consummation of the Cortland Portfolio Transaction Company's Current Estimate of Additional Liquidating Distributions to Shareholders is Approximately $2.90 to $3.50 per Share in the Aggregate BETHESDA, Md., Aug. 04, 2025 (GLOBE NEWSWIRE) -- Elme Communities ("Elme" or the "Company") (NYSE:ELME), a value-oriented multifamily owner and operator, today announced that its Board of Trustees has completed its previously announced formal evaluation of strategic alternatives to

BETHESDA, Md., July 10, 2025 (GLOBE NEWSWIRE) -- Elme Communities (the "Company" or "Elme") (NYSE:ELME), a value-oriented multifamily owner and operator, will release second quarter earnings results after market close on Tuesday, August 5, 2025. A conference call to discuss these results will be conducted on Wednesday, August 6, 2025, at 10:00 am ET. Conference call and webcast access information is as follows: USA Toll Free Number:888-506-0062International Toll Number:973-528-0011Entry Code990450Webcast:ir.elmecommunities.com   Instant replay of the conference call will be available until Wednesday, August 20, 2025, at 11:59 pm ET. Instant replay access information is as follows: USA Toll

Strong Same-store NOI and Occupancy Growth Operating Initiatives Driving Higher Fee Income Solid Rental Rate Growth BETHESDA, Md., May 01, 2025 (GLOBE NEWSWIRE) -- Elme Communities (the "Company" or "Elme") (NYSE:ELME), a multifamily REIT, reported financial and operating results today for the quarter ended March 31, 2025: Financial Results     Three months ended March 31,  2025   2024 Net loss per diluted share$                  (0.05) $               (0.04)Core FFO per diluted share                      0.24                      0.23          Operational Highlights Same-store multifamily NOI increased by 5.5% compared to the prior year quarterSame-store Average Effective Monthly Rent

BETHESDA, Md., April 07, 2025 (GLOBE NEWSWIRE) -- Elme Communities (the "Company" or "Elme") (NYSE:ELME), a value-oriented multifamily owner and operator, will release first quarter earnings results after market close on Thursday, May 1, 2025. A conference call to discuss these results will be conducted on Friday, May 2, 2025, at 10:00 am ET. There will also be a webcast presentation with slides. Conference call and webcast access information is as follows: USA Toll Free Number:888-506-0062International Toll Number:973-528-0011Entry Code:1940443Webcast:ir.elmecommunities.com Instant replay of the conference call will be available until Friday, May 16, 2025, at 11:59 pm ET. Instant replay a

BETHESDA, 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 quarterAverage Effective Monthly Rent Per Home increased 1.9% compared to the prior year quarter for our Same-Store PortfolioEffective blended Lease Rate Growth was 1

BETHESDA, Md., Jan. 23, 2025 (GLOBE NEWSWIRE) -- Elme Communities ("Elme") (NYSE:ELME), a value-oriented multifamily owner and operator, will release fourth quarter earnings results after market close on Thursday, February 13, 2025. A conference call to discuss these results will be conducted on Friday, February 14, 2025, at 10:00 am ET. There will also be a webcast presentation with slides. Conference call and webcast access information is as follows: USA Toll Free Number:888-506-0062International Toll Number:973-528-0011Entry Code853210Webcast:ir.elmecommunities.com Instant replay of the conference call will be available until Friday, February 28, 2025, at 11:59 pm ET. Instant replay acc

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 million, or $0.23 per diluted shareNet Operating Income (NOI) was $38.8 million Operational Highlights Same-store multifamily NOI increased by 2.3% compared to the prior year quarterEffective blended Lease Rate Growth was 2.1% for our Same-Store Portfolio du

BETHESDA, Md., Oct. 01, 2024 (GLOBE NEWSWIRE) -- Elme Communities ("Elme") (NYSE:ELME), a value-oriented multifamily owner and operator, will release third quarter earnings results after market close on Monday, November 4, 2024. A conference call to discuss these results will be conducted on Tuesday, November 5, 2024, at 10:00 am ET. There will also be a webcast presentation with slides. Conference call and webcast access information is as follows: USA Toll Free Number:888-506-0062International Toll Number:973-528-0011Entry Code848746Webcast:ir.elmecommunities.com Instant replay of the conference call will be available until Tuesday, November 19, 2024, at 11:59 pm ET. Instant replay acce

BETHESDA, Md., Aug. 01, 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 June 30, 2024: Financial Results Net loss was $3.5 million, or $0.04 per diluted shareNAREIT FFO was $20.4 million, or $0.23 per diluted shareCore FFO was $20.5 million, or $0.23 per diluted shareNet Operating Income (NOI) was $38.1 million Operational Highlights Same-store multifamily NOI increased by 1.3% compared to the prior year periodEffective blended Lease Rate Growth increased to 3.2% for our Same-Store Portfolio during

BETHESDA, Md., June 24, 2024 (GLOBE NEWSWIRE) -- Elme Communities ("Elme") (NYSE:ELME), a value-oriented multifamily owner and operator, will release second quarter earnings results after market close on Thursday, August 1, 2024. A conference call to discuss these results will be conducted on Friday, August 2, 2024, at 10:00 am ET. There will also be a live, listen-only webcast presentation. Conference call and webcast access information is as follows: USA Toll Free Number:888-506-0062International Toll Number:973-528-0011Entry Code222443Webcast:ir.elmecommunities.com   Instant replay of the conference call will be available until Friday, August 16, 2024, at 11:59 pm ET. Instant replay acc

BETHESDA, Md., May 01, 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 March 31, 2024: Financial Results Net loss was $3.6 million, or $0.04 per diluted shareNAREIT FFO was $21.3 million, or $0.24 per diluted share, up 20% compared to the prior year period due primarily to additional payments received with respect to easements previously conveyedCore FFO was $19.9 million, or $0.23 per diluted share, down 4% compared to the prior year periodNet Operating Income (NOI) was $37.8 million, up 4% compared t

BETHESDA, Md., March 26, 2024 (GLOBE NEWSWIRE) -- Elme Communities ("Elme") (NYSE:ELME), a value-oriented multifamily owner and operator, will release first quarter earnings results after market close on Wednesday, May 1, 2024. A conference call to discuss these results will be conducted on Thursday, May 2, 2024, at 9:00 am ET. There will also be a live, listen-only webcast presentation. Conference call and webcast access information is as follows: USA Toll Free Number:877-545-0523International Toll Number:973-528-0016Entry Code504503Webcast:ir.elmecommunities.com Instant replay of the conference call will be available until Thursday, May 16, 2024, at 12:00 am ET. Instant replay access inf

BETHESDA, Md., Feb. 15, 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 and year ended December 31, 2023: Full-Year 2023 Financial and Operational Results Net loss was $53.0 million, or $0.61 per diluted shareNAREIT FFO was $77.8 million, or $0.88 per diluted share, up 27.9% compared to the prior yearCore FFO was $85.2 million, or $0.97 per diluted share, up 10.2% compared to the prior yearNet Operating Income (NOI) was $148.1 million, up 9.4% compared to the prior yearSame-store multifamily NOI increase

BETHESDA, Md., Jan. 16, 2024 (GLOBE NEWSWIRE) -- Elme Communities ("Elme") (NYSE:ELME), a value-oriented multifamily owner and operator, will release fourth quarter earnings results after market close on Thursday, February 15, 2024. A conference call to discuss these results will be conducted on Friday, February 16, 2024, at 10:00 am ET. There will also be a live, listen-only webcast presentation. Conference call and webcast access information is as follows: USA Toll Free Number:888-506-0062International Toll Number:973-528-0011Entry Code558089Webcast:ir.elmecommunities.com  Instant replay of the conference call will be available until Friday, March 01, 2024, at 12:00 am ET. Instant replay

BETHESDA, Md., Oct. 26, 2023 (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, 2023: Financial Results Net loss was $43.6 million, or $0.50 per diluted share, including a $41.9 million non-cash impairment charge as described belowNAREIT FFO was $20.1 million, or $0.23 per diluted shareCore FFO was $21.4 million, or $0.24 per diluted share, up over 4% from the prior year period primarily driven by rental rate growthNet Operating Income (NOI) was $36.9 million, up over 5% from the prior year period

BETHESDA, Md., Oct. 02, 2023 (GLOBE NEWSWIRE) -- Elme Communities ("Elme") (NYSE:ELME), a value-oriented multifamily owner and operator, will release third quarter earnings results after market close on Thursday, October 26, 2023. A conference call to discuss these results will be conducted on Friday, October 27, 2023, at 10:00 am ET. There will also be a live, listen-only webcast presentation. Conference call and webcast access information is as follows: USA Toll Free Number:888-506-0062International Toll Number:973-528-0011Entry Code592356Webcast:ir.elmecommunities.com Instant replay of the conference call will be available until Friday, November 10, 2023, at 12:00 am ET. Instant replay

WASHINGTON, July 31, 2023 (GLOBE NEWSWIRE) -- Elme Communities (the "Company") (NYSE:ELME), a multifamily REIT with communities in the Washington DC metro area and the Sunbelt, reported financial and operating results today for the quarter ended June 30, 2023: Financial Results Net loss was $2.6 million, or $0.03 per diluted shareNAREIT FFO was $18.8 million, or $0.21 per diluted shareCore FFO was $21.4 million, or $0.24 per diluted share, up 14% from the prior year period driven by rental rate growthNet Operating Income (NOI) was $36.3 million, up 11% from the prior year period driven by rental rate growth Operational Highlights Same-store multifamily NOI increased by 10.9% compared

WASHINGTON, June 26, 2023 (GLOBE NEWSWIRE) -- Elme Communities ("Elme") (NYSE:ELME), a value-oriented multifamily owner and operator, will release second quarter earnings results after market close on Monday, July 31, 2023. A conference call to discuss these results will be conducted on Tuesday, August 1, 2023, at 10:00 am ET. There will also be a live, listen-only webcast presentation. Conference call and webcast access information is as follows: USA Toll Free Number:888-506-0062International Toll Number:973-528-0011Entry Code178331Webcast:ir.elmecommunities.com Instant replay of the conference call will be available until Tuesday, August 15, 2023, at 12:00 am ET. Instant replay access in

WASHINGTON, April 27, 2023 (GLOBE NEWSWIRE) -- Elme Communities (the "Company") (NYSE:ELME), a multifamily REIT with properties in the Washington DC metro area and the Sunbelt, reported financial and operating results today for the quarter ended March 31, 2023: Financial Results Net loss was $3.6 million, or $0.04 per diluted shareNAREIT FFO was $17.9 million, or $0.20 per diluted shareCore FFO was $21.5 million, or $0.24 per diluted share, up 20% from the prior year period driven by rental rate growth and the full deployment of our commercial sale proceedsNet Operating Income (NOI) was $36.3 million up 18% from the prior year period due primarily to the same factors as Core FFO growth

WASHINGTON, March 23, 2023 (GLOBE NEWSWIRE) -- Elme Communities (NYSE:ELME) will release first quarter earnings results after market close on Thursday, April 27, 2023. A conference call to discuss these results will be conducted on Friday, April 28, 2023 at 10:00 am ET. There will also be a live, listen-only webcast presentation. Conference call and webcast access information is as follows: USA Toll Free Number:888-506-0062International Toll Number:973-528-0011Entry Code704378Webcast:ir.elmecommunities.com Instant replay of the conference call will be available until Friday, May 12, 2023, at 12:00 am ET. Instant replay access information is as follows: USA Toll Free Number:877-481-4010Inte

WASHINGTON, Feb. 16, 2023 (GLOBE NEWSWIRE) -- Elme Communities (the "Company") (NYSE:ELME), a multifamily REIT with properties in the Washington DC metro area and the Sunbelt, reported financial and operating results today for the quarter and year ended December 31, 2022: Full-Year 2022 Financial and Operational Results Net loss was $30.9 million, or $0.36 per diluted shareNAREIT FFO was $60.9 million, or $0.69 per diluted shareCore FFO was $77.3 million, or $0.88 per diluted shareNet Operating Income (NOI) was $135.4 millionSame-store Multifamily NOI increased by 8.8% for the yearEffective blended Lease Rate Growth increased to 9.4% compared to 1.3% in the prior yearAverage Effective Mo