Element Fleet Management (OTCMKTS:ELEEF) Announces Earnings Results

Element Fleet Management (OTCMKTS:ELEEF) posted its earnings results on Wednesday. The company reported $0.34 EPS for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.01), Zacks reports. The company had revenue of $318.09 million during the quarter, compared to analyst estimates of $320.07 million. Element Fleet Management had a net margin of 23.33% and a return on equity of 26.81%.

Element Fleet Management Stock Performance

Shares of Element Fleet Management stock remained flat at $20.45 on Friday. 201,114 shares of the stock were exchanged, compared to its average volume of 102,235. The business has a 50-day simple moving average of $20.74 and a 200 day simple moving average of $22.35. 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 twelve month low of $18.47 and a twelve month high of $27.57. The stock has a market cap of $8.01 billion and a price-to-earnings ratio of 27.64.

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.