Element Fleet Management (ELEEF) to Post Earnings on Wednesday

Element Fleet Management (OTCMKTS:ELEEF) will likely be issuing its results after the market closes on Wednesday, August 5th. Analysts expect Element Fleet Management to announce earnings of $0.3487 per share and revenue of $320.0680 million for the quarter.

Element Fleet Management (OTCMKTS:ELEEF) last released its quarterly earnings data on Wednesday, May 6th. The company reported $0.35 earnings per share for the quarter, beating analysts’ consensus estimates of $0.34 by $0.01. The company had revenue of $323.52 million during the quarter, compared to analysts’ expectations of $311.40 million. Element Fleet Management had a net margin of 23.95% and a return on equity of 23.87%.

Element Fleet Management Stock Performance

Shares of Element Fleet Management stock opened at $22.28 on Tuesday. The firm has a 50-day simple moving average of $20.63 and a two-hundred day simple moving average of $22.41. The company has a debt-to-equity ratio of 3.55, a quick ratio of 7.73 and a current ratio of 7.73. Element Fleet Management has a fifty-two week low of $18.47 and a fifty-two week high of $27.57. The company has a market cap of $8.78 billion and a P/E ratio of 30.11.

About Element Fleet Management

Element Fleet Management (OTCMKTS:ELEEF) is a leading global fleet management company headquartered in Toronto, Ontario. It provides comprehensive fleet leasing and management solutions for corporate and public sector clients, aiming to optimize vehicle acquisition, utilization and disposal strategies. The company focuses on delivering customizable programs that enhance operational efficiency and reduce total cost of ownership for light-, medium- and heavy-duty vehicles across diverse industries.

Element’s service portfolio encompasses full-service leasing and financing, maintenance management, policy administration, telematics and data analytics, fuel management and end-of-lease remarketing.