Elme Communities (NYSE:ELME) Q3 2023 Earnings Call Transcript October 27, 2023 Operator: Hello, and welcome to the Elme Communities Third Quarter 2023 Earnings Conference Call. As a reminder, today’s call is being recorded. At this time, I would like to turn the call over to Amy Hopkins, Vice President Investor Relations. Amy, please go ahead. […]
Q3 2023 Elme Communities Earnings Call
BETHESDA, Md., Oct. 26, 2023 (GLOBE NEWSWIRE) -- Elme Communities (the “Company”) (NYSE: ELME), a multifamily REIT with communities in the Washington DC metro area and the Atlanta metro area, reported financial and operating results today for the quarter ended September 30, 2023: Financial Results Net loss was $43.6 million, or $0.50 per diluted share, including a $41.9 million non-cash impairment charge as described belowNAREIT FFO was $20.1 million, or $0.23 per diluted shareCore FFO was $21.4