earnings
confidence high
sentiment neutral
materiality 0.65
WashREIT reports Q4 net loss $0.08/diluted share; guides 2022 Core FFO $0.87-$0.93
Elme Communities
2021-FY EPS reported
$0.19
revenue$169,151,000
- Full-year 2021 Core FFO $1.06/diluted share; net income $16.4M.
- Q4 same-store multifamily NOI +4.2% YoY; occupancy 95.9%; blended lease rate growth 8.4%.
- Acquired Assembly Eagles Landing ($106M) and Carlyle of Sandy Springs ($106M) expanding Southeast.
- 2022 Core FFO guidance $0.87-$0.93; same-store multifamily NOI growth 7.75%-9.75%.
- Quarterly dividend $0.17 declared, payable April 5, 2022; raised $68.2M via ATM share issuances.