Element Fleet Management (OTCMKTS:ELEEF) Releases Earnings Results, Misses Expectations By $0.01 EPS

Element Fleet Management (OTCMKTS:ELEEF) posted its quarterly earnings data on Wednesday. The company reported $0.34 EPS 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 Stock Performance

OTCMKTS ELEEF traded down $0.32 on Wednesday, hitting $22.45. 31,878 shares of the company traded hands, compared to its average volume of 57,849. The business’s 50 day moving average price is $20.68 and its 200-day moving average price is $22.40. Element Fleet Management has a 52-week low of $18.47 and a 52-week high of $27.57. The company has a current ratio of 7.73, a quick ratio of 7.73 and a debt-to-equity ratio of 3.55. The company has a market capitalization of $8.79 billion and a price-to-earnings ratio of 30.34.

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.