Element Fleet Management (OTCMKTS:ELEEF) Announces Earnings Results

Element Fleet Management (OTCMKTS:ELEEF) posted its quarterly earnings data on Wednesday. The company reported $0.34 earnings per share for the quarter, missing the consensus estimate of $0.35 by ($0.01), Zacks reports. Element Fleet Management had a return on equity of 23.87% and a net margin of 23.95%.

Element Fleet Management Trading Down 1.4%

OTCMKTS ELEEF traded down $0.32 during trading hours on Wednesday, hitting $22.45. 31,878 shares of the company’s stock were exchanged, compared to its average volume of 103,908. The firm has a market cap of $8.79 billion and a price-to-earnings ratio of 17.38. The stock has a 50-day simple moving average of $20.73 and a 200 day simple moving average of $22.38. The company has a current ratio of 7.73, a quick ratio of 7.73 and a debt-to-equity ratio of 3.55. Element Fleet Management has a 1-year low of $18.47 and a 1-year high of $27.57.

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.