The earnings call reflects a strategic pivot towards maximizing shareholder value through asset sales, achieving a notable agreement with Cortland and promising significant distributions to shareholders. However, challenges in reducing the cost of capital and uncertainties in the market environment, along with a protracted timeline for asset sales, present notable concerns.

Company Guidance -

Q3 2025

In the Elme Communities Second Quarter 2025 Earnings Call, significant guidance was provided regarding their strategic alternatives review and subsequent decisions. Elme has entered into a definitive agreement to sell a portfolio of 19 assets to Cortland for $1.6 billion in cash, with the closing expected in the fourth quarter after shareholder approval. The company anticipates initial special distributions to shareholders between $14.50 and $14.82 per share, taking into account the repayment of corporate debt and transaction costs. Further, Elme plans to liquidate its remaining assets, projecting additional distributions between $2.90 and $3.50 per share, leading to a total expected distribution of $17.58 to $18.50 per share. The Board has unanimously determined this approach maximizes shareholder value, with asset sales expected to conclude over the next 12 months. These transactions are subject to shareholder approval, and detailed information will be included in a forthcoming proxy statement.

Definitive Agreement to Sell Assets

Elme Communities entered into a definitive agreement to sell a portfolio of 19 assets to Cortland for $1.6 billion in cash. The transaction is expected to close in the fourth quarter, subject to shareholder approval.

Strategic Alternatives Review Completed

The Board of Trustees completed a formal evaluation of strategic alternatives, leading to the decision to sell the assets, aiming to maximize shareholder value.

Year-Over-Year Multifamily NOI Growth

Reported a year-over-year multifamily net operating income (NOI) growth of 4.5%, driven by higher rental revenue and growth in fee income.

Planned Special Distributions to Shareholders

Elme intends to return net proceeds from the Cortland transaction and other asset sales to shareholders, with an initial special distribution estimated between $14.50 and $14.82 per share.

Elme Communities (ELME) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

ELME Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 23, 2025	2025 (Q3)	-0.03 / -	-0.03	―	―	―
Aug 05, 2025	2025 (Q2)	-0.04 / -0.04	-0.04	0.00% (0.00)	―
May 01, 2025	2025 (Q1)	-0.04 / -0.05	-0.04	-25.00% (-0.01)
Feb 13, 2025	2024 (Q4)	-0.03 / -0.03	-0.04	25.00% (+0.01)
Nov 04, 2024	2024 (Q3)	-0.03 / -0.03	-0.5	94.00% (+0.47)
Aug 01, 2024	2024 (Q2)	-0.03 / -0.04	-0.03	-33.33% (-0.01)
May 01, 2024	2024 (Q1)	-0.03 / -0.04	-0.04	0.00% (0.00)
Feb 15, 2024	2023 (Q4)	0.02 / -0.04	-0.04	0.00% (0.00)
Oct 26, 2023	2023 (Q3)	0.02 / -0.50	-0.12	-316.67% (-0.38)
Jul 31, 2023	2023 (Q2)	<0.01 / -0.03	-0.1	70.00% (+0.07)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

ELME Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 05, 2025	$16.40	$16.25	-0.91%
May 01, 2025	$15.73	$16.01	+1.78%
Feb 13, 2025	$15.16	$16.86	+11.21%
Nov 04, 2024	$16.15	$16.34	+1.18%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Elme Communities (ELME) report earnings?

Elme Communities (ELME) is schdueled to report earning on Oct 23, 2025, After Close (Confirmed).

What is Elme Communities (ELME) earnings time?

Elme Communities (ELME) earnings time is at Oct 23, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is ELME EPS forecast?

ELME EPS forecast for the fiscal quarter 2025 (Q3) is -0.03.

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