Element Fleet Management Corp expected to post earnings of 27 cents a share - Earnings Preview

Element Fleet Management

10/08/2024 24:26

* Element Fleet Management Corp  EFN.TO   is expected
to show a
rise in quarterly revenue when it reports  results on August 13
for the period ending June 30 2024
    * The Toronto Ontario-based  company is expected to report a
9.0% increase in revenue to $262.227 million from $240.6 million
a year ago, according to the mean estimate from 6 analysts,
based on LSEG data. (SAL represents Total / Operarting revenue.)
    * ​LSEG's mean analyst estimate for Element Fleet Management
Corp
is for earnings of 27 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," no
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 0.1%
in the last three months. ​
    * Wall Street's median 12-month price target for Element
Fleet
Management Corp is C$29.00​, above​ its last closing price
of C$25.38. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.21        0.25       0.26      Beat    3.6
 Dec. 31 2024  0.25        0.25       0.24      Missed  -1.3
 Sep. 30 2023  0.24        0.23       0.26      Beat    9.8​
 Jun. 30 2023  0.23        0.23       0.25      Beat    7.6
 ​​Mar.        0.20        0.20       0.23      Beat    13.9
 31 2023                                                
 Dec. 31 2022  0.19        0.19       0.20      Beat    6.6​
 Sep. 30 2022  0.19        0.19       0.23      Beat    16.4
 Jun. 30 2022  0.18        0.18       0.23      Beat    27.3
 This summary was machine generated August 9 at 23:26 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)