Element Fleet Management (TSE:EFN)
TSX:EFN
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Earnings Data
Report Date
Aug 12, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.48Last Year’s EPS
0.41Same Quarter Last Year
Strong Buy
Based on 5 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call reports multiple record financial and operational achievements — including record net revenue, improved margins, highest ever ROE, strong free cash flow growth and solid client retention — supported by clear progress on digital and mobility initiatives (Car IQ, Nova, Element ONE). Offsetting items include a modest decline in originations driven by a normalizing originate‑to‑syndicate client and timing shifts, a single‑client credit provision, elevated expenses (notably compensation) related to strategic investments, and some seasonality/lag in services monetization. Management framed the negatives as manageable, emphasized disciplined funding and execution, and reiterated confidence in strategy and guidance.Company Guidance
Record Net Revenue
Net revenue of $324 million in Q1 2026, up 17% year‑over‑year, representing a record quarter for the company.
Strong Profitability Metrics
Record adjusted operating income of $182 million and adjusted earnings per share of $0.35 in Q1; operating margin improved to 56.2% (from 54.7% a year ago).
Record Return on Equity
Return on equity reached 20.3% in Q1 2026, the highest level the company has reported, up 360 basis points year‑over‑year.
Free Cash Flow and Capital Returns
Adjusted free cash flow per share was $0.45 in Q1, up 25% year‑over‑year; returned approximately $94 million to shareholders in the quarter, including $57 million used to repurchase 2.3 million shares.
Net Financing Revenue and Yield Expansion
Net financing revenue of $138 million driven by growth in net earning assets and leasing initiatives; core NFR yield expanded to 4.98%, up 40 basis points year‑over‑year.
Syndication Strength
Syndication volume of $867 million generated $24 million of revenue (vs. $12 million a year ago); syndication yield improved to 2.8%, up 70 basis points year‑over‑year.
Commercial Momentum and Client Retention
Added 44 new clients in the quarter (about one‑third self‑managed conversions), 173 additional service enrollments, and achieved 98% client revenue retention; Strategic Advisory Services identified ~$354 million in client savings opportunities (about half identified during the quarter).
Progress on Digital & Mobility Initiatives
Integration of Car IQ progressing well with early demand exceeding expectations; Element ONE driver app now resolves ~53% of client chats via an AI support agent; Nova vehicle‑ordering AI being piloted and broader Element ONE client portal planned for later in 2026.
TSE:EFN 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
TSE:EFN Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 06, 2026 | C$30.97 | C$28.90 | -6.68% |
Feb 24, 2026 | C$34.13 | C$34.29 | +0.47% |
Nov 12, 2025 | C$37.48 | C$35.64 | -4.92% |
Aug 06, 2025 | C$36.38 | C$35.96 | -1.17% |
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 (TSE:EFN) report earnings?
Element Fleet Management (TSE:EFN) is schdueled to report earning on Aug 12, 2026, After Close (Confirmed).
What is Element Fleet Management (TSE:EFN) earnings time?
Element Fleet Management (TSE:EFN) earnings time is at Aug 12, 2026, After Close (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 TSE:EFN EPS forecast?
TSE:EFN EPS forecast for the fiscal quarter 2026 (Q2) is 0.48.