Element Fleet Management Corp expected to post earnings of 31  cents a share - Earnings Preview

Element Fleet Management

05/08/2023 03:11

* Element Fleet Management Corp  EFN.TO   is expected
to show a
rise in quarterly revenue when it reports  results on August 8. 
    * The Toronto Ontario-based  company is expected to report 
a
8.3% increase in revenue to C$312.125 million from C$288.13
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 31 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$24​, above​ its last closing price
of C$21.03. ​​​

Previous quarterly performance (using preferred earnings measure
in Canadian dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.28        0.27       0.31      Beat    13.9
 Dec. 31 2023  0.25        0.25       0.27      Beat    6.6
 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.        0.20        0.20       0.24      Beat    17.4
 31 2022                                                
 Dec. 31 2021  0.19        0.19       0.21      Beat    9.3​
 Sep. 30 2021  0.21        0.21       0.21      Met     -0.7
 Jun. 30 2021  0.20        0.20       0.20      Met     -2.2
 This summary was machine generated August 5 at 02:11 GMT.  All
figures in Canadian dollars  unless otherwise stated