05:36 AM EDT, 08/06/2025 (MT Newswires) -- Elme Communities ( ELME ) reported late Tuesday Q2 core funds from operations of $0.24 per diluted share, up from $0.23 a year earlier.

Three analysts polled by FactSet expected $0.23.

Revenue for the quarter ended June 30 was $62.1 million, up from $60.1 million a year earlier.

Three analysts polled by FactSet expected $61.5 million.

The company said it is withdrawing its previously issued 2025 guidance and that it does not anticipate to issue new guidance for this year or 2026 given its announced portfolio sale transaction and adoption of the plan of sale and liquidation.