Elme Communities Past Earnings Performance
Past criteria checks 0/6
Elme Communities's earnings have been declining at an average annual rate of -23.7%, while the Residential REITs industry saw earnings growing at 18.9% annually. Revenues have been growing at an average rate of 0.08% per year.
Key information
-23.7%
Earnings growth rate
-22.7%
EPS growth rate
| Residential REITs Industry Growth | 11.2% |
| Revenue growth rate | 0.08% |
| Return on equity | -1.2% |
| Net Margin | -5.6% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Elme Communities makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 240 | -13 | 25 | 0 |
| 30 Jun 24 | 235 | -54 | 25 | 0 |
| 31 Mar 24 | 232 | -53 | 25 | 0 |
| 31 Dec 23 | 228 | -53 | 26 | 0 |
| 30 Sep 23 | 225 | -54 | 27 | 0 |
| 30 Jun 23 | 223 | -21 | 27 | 0 |
| 31 Mar 23 | 217 | -27 | 28 | 0 |
| 31 Dec 22 | 209 | -31 | 28 | 0 |
| 30 Sep 22 | 199 | -34 | 29 | 0 |
| 30 Jun 22 | 186 | -46 | 30 | 0 |
| 31 Mar 22 | 176 | -54 | 29 | 0 |
| 31 Dec 21 | 169 | -54 | 28 | 0 |
| 30 Sep 21 | 167 | -62 | 25 | 0 |
| 30 Jun 21 | 168 | -47 | 23 | 0 |
| 31 Mar 21 | 171 | -42 | 22 | 0 |
| 31 Dec 20 | 176 | -41 | 24 | 0 |
| 30 Sep 20 | 214 | 29 | 24 | 0 |
| 30 Jun 20 | 250 | 26 | 24 | 0 |
| 31 Mar 20 | 283 | 32 | 25 | 0 |
| 31 Dec 19 | 177 | -6 | 26 | 0 |
| 30 Sep 19 | 300 | -27 | 25 | 0 |
| 30 Jun 19 | 291 | -18 | 24 | 0 |
| 31 Mar 19 | 290 | -7 | 23 | 0 |
| 31 Dec 18 | 292 | 1 | 22 | 0 |
| 30 Sep 18 | 301 | 3 | 23 | 0 |
| 30 Jun 18 | 313 | 7 | 23 | 0 |
| 31 Mar 18 | 321 | 10 | 23 | 0 |
| 31 Dec 17 | 280 | -4 | 23 | 0 |
| 30 Sep 17 | 321 | 23 | 21 | 0 |
| 30 Jun 17 | 318 | 99 | 20 | 0 |
| 31 Mar 17 | 314 | 123 | 20 | 0 |
| 31 Dec 16 | 313 | 119 | 20 | 0 |
| 30 Sep 16 | 315 | 176 | 20 | 0 |
| 30 Jun 16 | 314 | 97 | 20 | 0 |
| 31 Mar 16 | 309 | 62 | 20 | 0 |
| 31 Dec 15 | 306 | 89 | 20 | 0 |
| 30 Sep 15 | 302 | 30 | 21 | 0 |
| 30 Jun 15 | 297 | 33 | 21 | 0 |
| 31 Mar 15 | 295 | 37 | 21 | 0 |
| 31 Dec 14 | 289 | 5 | 20 | 0 |
| 30 Sep 14 | 281 | -2 | 20 | 0 |
| 30 Jun 14 | 273 | -4 | 19 | 0 |
| 31 Mar 14 | 267 | -4 | 18 | 0 |
| 31 Dec 13 | 263 | -1 | 18 | 0 |
Quality Earnings: WRI is currently unprofitable.
Growing Profit Margin: WRI is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: WRI is unprofitable, and losses have increased over the past 5 years at a rate of 23.7% per year.
Accelerating Growth: Unable to compare WRI's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: WRI is unprofitable, making it difficult to compare its past year earnings growth to the Residential REITs industry (101.3%).
Return on Equity
High ROE: WRI has a negative Return on Equity (-1.2%), as it is currently unprofitable.