Element Fleet Management Corp expected to post earnings of 28 cents a share - Earnings Preview

Element Fleet Management

12/11/2024 03:44

* Element Fleet Management Corp  EFN.TO   is expected
to show a
rise in quarterly revenue when it reports  results on November
13 for the period ending September 30 2024
    * The Toronto Ontario-based  company is expected to report a
11.4% increase in revenue to $277.313 million from $248.82
million a year ago, according to the mean estimate from 5
analysts, based on LSEG data. (SAL represents Total / Operarting
revenue.)
    * ​LSEG's mean analyst estimate for Element Fleet Management
Corp
is for earnings of 28 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," no
"hold" and 1 "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$32.00​, above​ its last closing price
of C$29.14. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  0.27        0.27       0.29      Beat    7.9
 Mar. 31 2024  0.21        0.25       0.26      Beat    3.6
 Dec. 31 2023  0.25        0.25       0.24      Missed  -1.3​
 Sep. 30 2023  0.24        0.23       0.26      Beat    9.8
 ​​Jun.        0.23        0.23       0.25      Beat    7.6
 30 2023                                                
 Mar. 31 2023  0.20        0.20       0.23      Beat    13.9​
 Dec. 31 2022  0.19        0.19       0.20      Beat    6.6
 Sep. 30 2022  0.19        0.19       0.23      Beat    16.4
 This summary was machine generated November 12 at 03:44 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)