BRIEF-Element Financial says tax adjusted operating income $0.41 per share

Thu Aug 11, 2016 4:33pm EDT
 
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Aug 11 (Reuters) - Element Financial Corp

* Tax adjusted return on average earning assets increased to 3.92% in q2-2016 versus 3.19% in q2-2015

* Tax adjusted operating income for three-month period ending june 30, 2016 was $0.32 per basic share

* Q2 earnings per share view c$0.37 -- Thomson Reuters I/B/E/S

* Element fleet management reports continued strong performance in q2-2016 and confirms after-tax adjusted eps guidance of between $1.05 and $1.15 for 2016 with growth of between 10% - 12% in 2017

* Says fleet originations increased to $1.7 bln in q2-2016 versus $820.7 million in q2-2015

* Tax adjusted operating income was $0.41 per share Source text for Eikon: Further company coverage: