Element Fleet Management Corp expected to post earnings of 25  cents a share - Earnings Preview

Element Fleet Management

03/03/2023 21:27

* Element Fleet Management Corp  EFN.TO   is expected
to show a
rise in quarterly revenue when it reports  results on March 6. 
    * The Toronto Ontario-based  company is expected to report 
a
9.9% increase in revenue to C$269.9 million from C$245.48
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Element Fleet
Management
Corp is for earnings of 25 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Element
Fleet
Management Corp is C$22​, above​ its last closing price
of C$19.31. ​​​

Previous quarterly performance (using preferred earnings measure
in Canadian dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  0.26        0.26       0.30      Beat    16.4
 Jun. 30 2022  0.23        0.23       0.29      Beat    27.3
 Mar. 31 2022  0.20        0.20       0.24      Beat    17.4​
 Dec. 31 2021  0.19        0.19       0.21      Beat    9.3
 ​​Sep.        0.21        0.21       0.21      Met     -0.7
 30 2021                                                
 Jun. 30 2021  0.20        0.20       0.20      Met     -2.2​
 Mar. 31 2021  0.21        0.21       0.22      Beat    4.8
 Dec. 31 2020  0.20        0.21       0.23      Beat    11
 This summary was machine generated March 3 at 21:27 GMT.  All
figures in Canadian dollars  unless otherwise stated