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Element Fleet Management (TSE:EFN)
TSX:EFN
RESEARCH TOOLSreports
Earnings Data
Report Date
Aug 06, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.41Last Year’s EPS
0.29Same Quarter Last Year
Moderate Buy
Based on 5 Analysts Ratings
Earnings Call Summary
Earnings Call Date:Apr 30, 2025
|% Change Since: 9.47%
|Next Earnings Date:Aug 06, 2025
Earnings Call Sentiment|Positive
The earnings call presented a strong start to 2025 with significant net revenue growth and client engagement. Despite positive trends in services and financing revenue, the company faced challenges from foreign exchange impacts and non-recurring revenue comparisons. The company remains optimistic about future growth and digital advancements.Company Guidance
In the recent call, Element Fleet Management provided a comprehensive overview of its financial performance and growth strategies for the first quarter of 2025. The company reported an adjusted operating income of $151 million, a free cash flow per share of $0.36, and earnings per share of $0.28, with a return on equity of 16.7%. Despite the negative impact of foreign exchange, which reduced net revenue by $17 million, Element still achieved an 8% year-over-year increase in net revenue to $276 million. Services revenue showed robust growth, increasing by 9% year-over-year to $152 million, or 13% excluding foreign currency effects. The company added 34 new clients and 246 service enrollments this quarter, contributing to the solid commercial momentum. Additionally, Element's ongoing initiatives, such as its Dublin-based leasing and new insurance solutions, are progressing well. Looking ahead, Element aims to maintain its adjusted operating margin target range of 55.5% to 56.5% for 2025, while staying committed to investing in digital capabilities to enhance service delivery and client engagement.Strong Net Revenue Growth
Net revenue increased 8% year-over-year to $276 million, driven by growth across all categories.
Increase in Services Revenue
Services revenue grew 13% year-over-year, excluding foreign currency translation impacts.
Record Client Engagement
Added 34 new clients and saw 246 service enrollments this quarter.
Positive Operating Leverage
Operating expenses grew 5%, resulting in positive operating leverage of 2.9%.
Expansion in Return on Equity
Return on equity reached 16.7% this quarter.
Successful Syndication Strategy
Syndicated $574 million in assets, a 21% increase from Q1 last year.
Digital Strategy Advancements
Launched digital driver app and enhanced client reporting portal.
TSE:EFN Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
TSE:EFN Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 30, 2025 | C$30.19 | C$30.50 | +1.03% |
Feb 26, 2025 | C$28.87 | C$28.59 | -0.97% |
Nov 13, 2024 | C$28.01 | C$26.83 | -4.21% |
Aug 13, 2024 | C$25.47 | C$26.90 | +5.62% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Element Fleet Management (TSE:EFN) report earnings?
Element Fleet Management (TSE:EFN) is schdueled to report earning on Aug 06, 2025, TBA Not Confirmed.
What is Element Fleet Management (TSE:EFN) earnings time?
Element Fleet Management (TSE:EFN) earnings time is at Aug 06, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TSE:EFN EPS forecast?
TSE:EFN EPS forecast for the fiscal quarter 2025 (Q2) is 0.41.