Element Fleet Management Corp. Reveals Increase In Q3 Bottom Line

(RTTNews) - Element Fleet Management Corp. (EFN.TO) reported a profit for its third quarter that Increases, from the same period last year

The company's bottom line totaled $125.23 million, or $0.31 per share. This compares with $98.57 million, or $0.24 per share, last year.

Excluding items, Element Fleet Management Corp. reported adjusted earnings of $133.68 million or $0.33 per share for the period.

The company's revenue for the period rose 9.6% to $306.4 million from $279.6 million last year.

Element Fleet Management Corp. earnings at a glance (GAAP) :

-Earnings: $125.23 Mln. vs. $98.57 Mln. last year. -EPS: $0.31 vs. $0.24 last year. -Revenue: $306.4 Mln vs. $279.6 Mln last year.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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