Investing.com - Element Fleet reported first quarter earnings that matched analysts' expectations on Monday and revenue that topped forecasts.
The firm reported earnings per share of C$0.22 on revenue of C$249.2M. Analysts polled by Investing.com forecast EPS of C$0.22 on revenue of C$242.96M. That compared to EPS of C$0.21 on revenue of C$237.7M in the same period a year earlier. The company had reported EPS of C$0.23 on revenue of C$257.55M in the previous quarter.
For the year, Element Fleet shares are down 11.14%, outperforming the S&P/ASX 200 which is down 19.48% year to date.
Element Fleet follows other major Services sector earnings this month
On Thursday, BCE Inc. reported first quarter EPS of C$0.8 on revenue of C$5.68B, compared to forecasts of EPS of C$0.77 on revenue of C$5.68B.
Rogers Communications earnings missed analyst's expectations on Wednesday, April 22, 2020, with first quarter EPS of C$0.71 on revenue of C$3.42B. Investing.com analysts expected EPS of C$0.79 on revenue of C$3.52B
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