other material
confidence high
sentiment neutral
materiality 0.85
Elme reports Q4 net loss, initiates strategic review; 2025 Core FFO guidance $0.91-$0.97
Elme Communities
- Q4 net loss $3.0M ($0.03/diluted share); Core FFO $20.7M ($0.24/diluted share).
- FY2024 net loss $13.1M ($0.15/diluted share); Core FFO $81.8M ($0.93/diluted share).
- Same-store multifamily NOI up 1.7% in Q4, 1.4% for full year vs prior year.
- Board initiates formal strategic alternatives review; Goldman Sachs and JLL Securities as advisors.
- 2025 Core FFO guidance $0.91-$0.97 per share; quarterly dividend $0.18/share declared.