Pitney Bowes Inc expected to post a loss of 7 cents a share - Earnings Preview

Pitney Bowes

07/08/2024 24:32

* Pitney Bowes Inc  PBI.N   PBI  is expected to show a fall
in
quarterly revenue when it reports  results on August 8 for the
period ending March 31 2024
    * The Stamford Connecticut-based  company is expected to
report a
0.6% decrease in revenue to $771.648 million from $776.48
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 7 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 $9.00​, above​ its last closing price of $5.86. ​​​

This summary was machine generated August 6 at 23:31 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)