Education
About Us
Working with TipRanks
Follow Us
Element Fleet Management (ELEEF)
OTHER OTC:ELEEF
RESEARCH TOOLSreports
Earnings Data
Report Date
May 13, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.29Last Year’s EPS
0.26Same Quarter Last Year
Strong Buy
Based on 5 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Feb 26, 2025
|% Change Since: -0.99%
|Next Earnings Date:May 13, 2025
Earnings Call Sentiment|Positive
The earnings call reflects a strong financial performance for 2024 with record growth in revenue and strategic investments positioning Element for future success. However, increased operating expenses and challenges with originations and foreign exchange fluctuations present notable obstacles.Company Guidance
During Element Fleet Management's call, the company provided robust guidance for 2025, highlighting expected net revenue between $1.16 billion and $1.185 billion, and adjusted operating income ranging from $645 million to $670 million. They anticipate an adjusted operating margin of 55.5% to 56.5%, with adjusted EPS projected at $1.20 to $1.25, and adjusted free cash flow per share of $1.48 to $1.53. Originations are expected to be between $6.9 billion and $7.1 billion. The company aims to continue generating positive adjusted operating leverage and expanding operating margins. Despite potential headwinds like currency fluctuations and changes in bonus depreciation, Element remains confident in achieving these targets, supported by strategic investments and initiatives like their new insurance and risk management solutions. Additionally, they plan to maintain capital expenditures around $80 million, primarily for technology enhancements.Record Financial Results and Growth
2024 marked a pivotal year for Element Fleet Management with record financial results including double-digit year-over-year growth in net revenue, adjusted earnings per share, and adjusted free cash flow per share. Net revenue grew 13% year-over-year to $1.1 billion, driven by an 18% increase in services revenue.
Expansion and Strategic Investments
The company added 150 new clients and increased its spend on strategic investments, including the centralization of U.S. and Canada leasing operations in Dublin and the acquisition of Autofleet. These moves position Element for sustained industry leadership and future success.
Strong Capital Management
Element returned $336 million to shareholders, raised its annual common dividend, and renewed its normal course issuer bid. A record $3.5 billion in assets was syndicated in 2024, a 40% increase from 2023.
Launch of New Offerings
Element announced Element Risk Solutions, an integrated insurance offering, and plans to release a new digital driver app and EV charger management platform in 2025.
---
ELEEF 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
---
ELEEF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 26, 2025 | $20.21 | $20.09 | -0.59% |
| Nov 13, 2024 | $20.10 | $19.11 | -4.93% |
| Aug 13, 2024 | $18.40 | $19.66 | +6.85% |
| May 14, 2024 | $16.32 | $17.32 | +6.13% |
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 (ELEEF) report earnings?
Element Fleet Management (ELEEF) is schdueled to report earning on May 13, 2025, TBA Not Confirmed.
What is Element Fleet Management (ELEEF) earnings time?
Element Fleet Management (ELEEF) earnings time is at May 13, 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 ELEEF EPS forecast?
ELEEF EPS forecast for the fiscal quarter 2025 (Q1) is 0.29.
---