Mailing firm Pitney Bowes gains after lifting 2026 forecast

Pitney Bowes

21/04/2026 13:36

** Pitney Bowes PBI.N shares rise 7.7% to $14.21 premarket after mailing firm raises 2026 earnings forecast

** Cites early-year outperformance and increased sales momentum for raise

** Now expects full-year revenue of $1.8 billion-$1.86 billion vs $1.76 billion-$1.86 billion earlier, sees adjusted EPS of $1.50-$1.65 vs $1.4-$1.6 previously

** Prelim Q1 rev of $477 mln beat the $460.7 mln consensus, while adj EPS of $0.47 also topped the $0.37 estimate, per data compiled by LSEG

** YTD, as of last close, PBI stock up 24.8%

 (Reporting by Utkarsh Tushar Hathi)

 ((utkarshtushar.hathi@thomsonreuters.com))