Element Fleet Management (ELEEF) Expected to Post Quarterly Earnings on Wednesday

Element Fleet Management (OTCMKTS:ELEEF) is projected to release its resultson Wednesday, August 5th. Analysts expect the company to announce earnings of $0.3482 per share and revenue of $320.0670 million for the quarter.

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

Element Fleet Management Price Performance

Shares of ELEEF remained flat at $22.82 during mid-day trading on Wednesday. The stock had a trading volume of 12,093 shares, compared to its average volume of 105,006. Element Fleet Management has a 1 year low of $18.47 and a 1 year high of $27.57. The firm’s 50 day moving average is $20.46 and its 200-day moving average is $22.49. The stock has a market capitalization of $8.99 billion and a PE ratio of 30.84. The company has a debt-to-equity ratio of 3.55, a quick ratio of 7.73 and a current ratio of 7.73.

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.