Element Fleet Management Corp. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was CAD 204.96 million compared to CAD 173.43 million a year ago. Net income was CAD 111.12 million compared to CAD 80.87 million a year ago. Basic earnings per share from continuing operations was CAD 0.26 compared to CAD 0.17 a year ago. Diluted earnings per share from continuing operations was CAD 0.25 compared to CAD 0.17 a year ago.
For the six months, sales was CAD 405.23 million compared to CAD 346.43 million a year ago. Net income was CAD 204.72 million compared to CAD 176.4 million a year ago. Basic earnings per share from continuing operations was CAD 0.47 compared to CAD 0.37 a year ago. Diluted earnings per share from continuing operations was CAD 0.46 compared to CAD 0.36 a year ago.