Element Fleet Management Corp expected to post earnings of 34 cents a share - Earnings Preview

Element Fleet Management

23/02/2024 23:55

* Element Fleet Management Corp  EFN.TO   is expected
to show a
rise in quarterly revenue when it reports  results on February
27 for the period ending December 31 2023
    * The Toronto Ontario-based  company is expected to report a
14.8% increase in revenue to C$335.613 million from C$292.33
million a year ago, according to the mean estimate from 3
analysts, based on LSEG data. (SAL represents Total / Operating
Revenue.)
    * ​LSEG's mean analyst estimate for Element Fleet Management
Corp
is for earnings of 34 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$25.00​, above​ its last closing price
of C$23.21. ​​​

Previous quarterly performance (using preferred earnings measure
in Canadian dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.32        0.32       0.35      Beat    9.8
 Jun. 30 2023  0.31        0.31       0.33      Beat    7.6
 Mar. 31 2023  0.28        0.27       0.31      Beat    13.9​
 Dec. 31 2022  0.25        0.25       0.27      Beat    6.6
 ​​Sep.        0.26        0.26       0.30      Beat    16.4
 30 2022                                                
 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
 This summary was machine generated February 23 at 23:54 GMT. 
All figures in Canadian 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)