Elme Communities (ELME) reported Q4 core funds from operations late Thursday of $0.24 per diluted share, unchanged from a year earlier.
Two analysts polled by FactSet expected $0.24.
Real estate rental revenue for the quarter ended Dec. 31 rose to $61.3 million from $58.9 million a year earlier. Three analysts surveyed by FactSet expected $60.5 million.
For 2025, the company expects core FFO of $0.91 to $0.97 per share. The consensus is for $0.94.
Elme said its board launched a formal evaluation of strategic alternatives and will assess "all options" as part of the process.
The board kept the company's quarterly dividend at $0.18 per share, payable April 3 to shareholders of record March 19.
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