Pitney Bowes Inc expected to post a loss of 2 cents a share - Earnings Preview

Pitney Bowes

31/10/2023 18:41

* Pitney Bowes Inc  PBI.N   PBI  is expected to show a fall
in
quarterly revenue when it reports  results on November 2. 
    * The Stamford Connecticut-based  company is expected to
report  a
7.8% decrease in revenue to $766.289 million from $830.91
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 2 cents per share. 
    * The one available analyst rating on the shares is
"hold".  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Pitney
Bowes Inc
is $5​, above​ its last closing price of $3.14. ​​​

This summary was machine generated October 31 at 18:41 GMT.  All
figures in US dollars  unless otherwise stated