Pitney Bowes Inc expected to post a loss of 1 cent a share - Earnings Preview

Pitney Bowes

01/08/2023 16:54

* Pitney Bowes Inc  PBI.N   PBI  is expected to show a fall
in
quarterly revenue when it reports  results on August 3. 
    * The Stamford Connecticut-based  company is expected to
report  a
7.1% decrease in revenue to $809.612 million from $871.5 million
a year ago, according to the estimate from one analyst, based on
Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Pitney Bowes Inc is
for a
loss of 1 cent per share. 
    * The one available analyst rating on the shares is
"hold".  
    * The average consensus recommendation for the office
equipment
peer group is also "Hold".​
    * Wall Street's median 12-month price target for Pitney
Bowes Inc
is $5​, above​ its last closing price of $3.94. ​​​

This summary was machine generated August 1 at 15:54 GMT.  All
figures in US dollars  unless otherwise stated