The earnings call highlighted Elme's strategic decision to maximize shareholder value through asset sales, resulting in significant special distributions. While the company has achieved solid financial performance and maintained a strong market position, it faces challenges due to market conditions affecting its cost of capital and requires a lengthy process to complete asset sales.

Company Guidance

In the Elme Communities Second Quarter 2025 Earnings Conference Call, guidance was primarily focused on their strategic alternatives review process and resulting transactions. Elme announced a definitive agreement to sell a portfolio of 19 assets to Cortland for $1.6 billion in cash, expected to close in the fourth quarter, pending shareholder approval. In addition, Elme plans to sell its remaining assets, aiming to complete these sales over the next 12 months. The company intends to return net proceeds from these sales to shareholders through special distributions, estimated between $17.58 and $18.50 per share. The initial special distribution, post-Cortland transaction, is projected to be between $14.50 and $14.82 per share, with further distributions from remaining asset sales estimated at $2.90 to $3.50 per share. These distributions include the company's quarterly dividend of $0.18 per share. The guidance reflects Elme's strategic focus on maximizing shareholder value amid a challenging market environment.

Strategic Alternatives Review Completion

Elme has completed a strategic alternatives review, resulting in a definitive agreement to sell a portfolio of 19 assets to Cortland for $1.6 billion in cash, expected to maximize shareholder value.

Special Distribution to Shareholders

Following the Cortland transaction, Elme plans an initial special distribution to shareholders between $14.50 and $14.82 per share, with additional distributions totaling between $17.58 and $18.50 per share.

Solid Quarterly Performance

Elme reported a year-over-year multifamily NOI growth of 4.5%, driven by higher rental revenue and strong growth in fee income from operational initiatives.

Strong Market Position

Monthly effective rent growth for the Washington Metro area continues to outpace the national average, with the area ranking sixth in transaction volume during the second quarter.

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

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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	$16.23	$16.08	-0.92%
May 01, 2025	$15.57	$15.84	+1.73%
Feb 13, 2025	$15.00	$16.68	+11.20%
Nov 04, 2024	$15.98	$16.17	+1.19%

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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