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Elme (ELME) Q2 FFO and Revenues Beat Estimates
ZACKS· 2025-08-05 22:56
分组1 - Elme reported quarterly funds from operations (FFO) of $0.24 per share, exceeding the Zacks Consensus Estimate of $0.23 per share, and showing an increase from $0.23 per share a year ago, resulting in an FFO surprise of +4.35% [1] - The company achieved revenues of $62.1 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 0.91%, and an increase from $60.1 million year-over-year [2] - Elme has surpassed consensus revenue estimates four times over the last four quarters, indicating consistent performance [2] 分组2 - The stock's immediate price movement will depend on management's commentary during the earnings call and future FFO expectations [3] - Elme shares have gained approximately 7.6% since the beginning of the year, aligning with the S&P 500's gain of 7.6% [3] - The current consensus FFO estimate for the upcoming quarter is $0.24 on revenues of $62.58 million, and for the current fiscal year, it is $0.95 on revenues of $248.7 million [7] 分组3 - The Zacks Industry Rank places the REIT and Equity Trust - Residential sector in the bottom 41% of over 250 Zacks industries, suggesting potential challenges for stock performance [8] - The estimate revisions trend for Elme was mixed ahead of the earnings release, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market [6]
Elme (ELME) Q1 FFO and Revenues Surpass Estimates
ZACKS· 2025-05-01 23:00
Core Viewpoint - Elme (ELME) reported quarterly funds from operations (FFO) of $0.24 per share, exceeding the Zacks Consensus Estimate of $0.23 per share, marking a 4.35% surprise [1] Financial Performance - The company achieved revenues of $61.49 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 0.61% and showing an increase from $59.51 million year-over-year [2] - Over the last four quarters, Elme has exceeded consensus revenue estimates three times [2] Stock Performance and Outlook - Elme shares have increased approximately 2% since the beginning of the year, contrasting with the S&P 500's decline of -5.3% [3] - The future performance of Elme's stock will largely depend on management's commentary during the earnings call and the company's FFO outlook [3][4] Estimate Revisions - The current consensus FFO estimate for the upcoming quarter is $0.24 on revenues of $61.6 million, and for the current fiscal year, it is $0.95 on revenues of $247.63 million [7] - The estimate revisions trend for Elme is mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market [6] Industry Context - The REIT and Equity Trust - Residential industry, to which Elme belongs, is currently ranked in the bottom 42% of over 250 Zacks industries, suggesting potential challenges ahead [8]
Equity Residential (EQR) Beats Q1 FFO Estimates
ZACKS· 2025-04-29 22:25
Core Viewpoint - Equity Residential (EQR) reported quarterly funds from operations (FFO) of $0.95 per share, exceeding the Zacks Consensus Estimate of $0.93 per share, and showing an increase from $0.93 per share a year ago [1] Financial Performance - The company posted revenues of $760.81 million for the quarter ended March 2025, which was below the Zacks Consensus Estimate by 0.79%, compared to $730.82 million in the same quarter last year [2] - Over the last four quarters, Equity Residential has surpassed consensus FFO estimates two times and topped consensus revenue estimates two times [2] Stock Performance - Equity Residential shares have declined approximately 3.4% since the beginning of the year, while the S&P 500 has decreased by 6% [3] - The stock's immediate price movement will largely depend on management's commentary during the earnings call [3] Future Outlook - The current consensus FFO estimate for the upcoming quarter is $0.99, with projected revenues of $775.72 million, and for the current fiscal year, the estimate is $3.97 on $3.12 billion in revenues [7] - The estimate revisions trend for Equity Residential is mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market [6] Industry Context - The REIT and Equity Trust - Residential industry is currently ranked in the bottom 44% of over 250 Zacks industries, suggesting that the outlook for the industry can significantly impact stock performance [8]