Brief: Element Fleet Management Q2 Adjusted EPS USD 0.3 Vs. IBES Estimate USD 0.3

Element Fleet Management

06/08/2025 22:01

Overview

Element Fleet Q2 2025 net revenue grows 6% yr/yr, beating analyst expectations

Adjusted EPS meets analyst expectations, reflecting stable performance

Co repurchased 3.1 mln shares, indicating commitment to shareholder value

Result Drivers

REVENUE GROWTH - Net revenue increased 6% yr/yr, driven by higher services and net financing revenue despite $10 mln FX impact

STRONG ORDER PIPELINE - Committed order pipeline at $1.7 bln, reflecting strong client demand

ORIGINATIONS DECLINE - Originations fell 4% yr/yr due to FX translation headwinds

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Net Revenue
Beat
$290 mln
$285.10 mln (6 Analysts)
Q2 Adjusted EPS
Meet
$0.3
$0.3 (10 Analysts)
Q2 EPS
$0.3
Q2 Adjusted Operating Expenses
$128 mln
Q2 Adjusted Operating Income
$161.90 mln
Q2 ROCE
17.5%


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the corporate financial services peer group is "buy"

Wall Street's median 12-month price target for Element Fleet Management Corp is C$39.00, about 5.6% above its August 5 closing price of C$36.83

The stock recently traded at 20 times the next 12-month earnings vs. a P/E of 17 three months ago

Press Release: ID:nGNX1l0NHm

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)