Elme (ELME) Q2 FFO Meet Estimates

Elme (ELME) came out with quarterly funds from operations (FFO) of $0.23 per share, in line with the Zacks Consensus Estimate. This compares to FFO of$0.24 per share a year ago. These figures are adjusted for nonrecurring items. A quarter ago, it was expected that this real estate investment trust would post FFO of $0.22 per share when it actually produced FFO of$0.23, delivering a surprise of 4.55%. Over the last four quarters, the company has surpassed consensus FFO estimates just once. Elme, which belo ...