Investing.com - Element Fleet reported first quarter earnings that beat analysts' expectations on Monday and revenue that topped forecasts.
The firm reported earnings per share of C$0.24 on revenue of C$260.8M. Analysts polled by Investing.com anticipated EPS of C$0.2 on revenue of C$241M. .
For the year, Element Fleet shares are down 14.6%, under-performing the S&P/TSX which is down 5.76% year to date.
Element Fleet follows other major Financial sector earnings this month
On Wednesday, May 4, 2022, Great West Lifeco 1St I Prf reported first quarter EPS of C$0.87 on revenue of C$15.77B, compared to forecasts of EPS of C$0.86 on revenue of C$976.97M.
Fairfax Financial earnings beat analyst's expectations on Thursday, April 28, 2022, with first quarter EPS of C$4.49 on revenue of C$6.66B. Investing.com analysts expected EPS of C$-1.37 on revenue of C$5.47B
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