Elme Communities, listed on NYSE under the ticker ELME, recently held its Q4 2024 earnings conference call. This event took place on February 14, 2025, at 10:00 AM ET.
Participants from the company included Amy Hopkins, Vice President of Investor Relations; Paul McDermott, CEO; Tiffany Butcher, COO; Steve Freishtat, CFO; and Grant Montgomery, Head of Research. Joining the call from the analyst side were Anthony Paolone from JPMorgan, Jamie Feldman from Wells Fargo, John Pawlowski at Green Street, and Cole Bardawill with Wolfe Research.
The call started with the operator greeting the attendees and reminding everyone that the session was being recorded. Then, it was over to Amy Hopkins to kick things off.
“Good morning, everyone, and thank you for joining us on our fourth quarter earnings call,” Amy began. She explained that the event was being webcast and accompanied by a slide presentation, which could be found in the Investors section of their website, and would also be accessible in a replay format later on.
Amy noted that some of the statements made during the call would be forward-looking and cautioned that they might involve certain risks and uncertainties which could cause the actual results to differ significantly. The company recognized these risks in their SEC filings and indicated they wouldn’t be providing updates as events develop over time. She also mentioned that reconciliations of both GAAP and non-GAAP financial measures discussed could be found in their latest earnings press release and financial supplement, which were released the previous day and available online.
After setting the stage, Amy handed the floor to Paul McDermott, the company’s CEO.
“Thanks, Amy, and good morning to all of you joining us today,” Paul said warmly. He expressed his gratitude for the attendance and began discussing the recent announcement made alongside their earnings release. Paul also touched on key achievements in 2024, setting the tone for detailed insights into the company’s performance and the effects they’ve observed over the year.
