Pitney Bowes Inc expected to post a loss of 4 cents a share - Earnings Preview

Pitney Bowes

30/04/2024 15:58

* Pitney Bowes Inc  PBI.N   PBI  is expected to show a fall
in
quarterly revenue when it reports  results on May 2 for the
period ending March 31 2024
    * The Stamford Connecticut-based  company is expected to
report a
4.5% decrease in revenue to $796.995 million from $834.54
million a year ago, according to the estimate from one analyst,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Pitney Bowes Inc is for
a loss
of 4 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 $5.00​, above​ its last closing price of $4.15. ​​​

This summary was machine generated April 30 at 14:58 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)