Elme Communities Q1 Core FFO per diluted share $0.24 Beats $0.23 Estimate, Real estate rental revenue $61.49M Beat $61.21M Estimate

Elme Communities (NYSE:ELME) reported quarterly earnings of $0.24 per share which beat the analyst consensus estimate of $0.23 by 4.35 percent. This is a 4.35 percent increase over earnings of $0.23 per share from the same period last year. The company reported quarterly sales of $61.49 million which beat the analyst consensus estimate of $61.21 million by 0.46 percent. This is a 3.33 percent increase over sales of $59.51 million the same period last year.