- Element Fleet reported an adjusted diluted EPS of 33 cents, exceeding the estimated 32 cents.
- The company’s adjusted operating income was $177.7 million, marking a 10% increase year-over-year and surpassing the projection of $175.7 million.
- Net revenue reached $306.4 million, slightly above the estimate of $305.9 million.
- Analyst recommendations include 8 buy ratings, 2 hold ratings, and 0 sell ratings.
A look at Element Fleet Management Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Element Fleet Management Corp, a fleet management company operating in the United States and Canada, has garnered positive ratings across key factors based on Smartkarma Smart Scores. With promising scores in Growth and Momentum, indicating strong potential for future expansion and market performance, Element Fleet Management appears to be positioning itself for long-term success in the industry. A solid Resilience score suggests the company’s ability to withstand challenges, further strengthening its outlook.
While Value and Dividend scores are slightly lower, indicating room for improvement in these areas, the overall high ratings in Growth and Momentum paint a favorable picture for Element Fleet Management‘s long-term prospects. As the company continues to navigate the fleet management sector with a diverse range of services, investors may find potential opportunities for growth and stability in this evolving market.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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