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Element Fleet Management Hits Record Q2 Earnings
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Element Fleet Management Hits Record Q2 Earnings

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Element Fleet Management (TSE:EFN) has released an update.

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Element Fleet Management Corp. reported a record-setting second quarter in 2024, with a 14.1% increase in net revenue to $274.6 million and a significant rise in earnings per share. The company also announced an upbeat full-year guidance and a strategic acquisition to enhance its digital and automation capabilities, reflecting its strong performance and commitment to innovation.

For further insights into TSE:EFN stock, check out TipRanks’ Stock Analysis page.

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