Pitney Bowes Inc expected to post earnings of 14 cents a share - Earnings Preview

Pitney Bowes

06/11/2024 05:26

* Pitney Bowes Inc  PBI.N   PBI  is expected to show a fall
in
quarterly revenue when it reports  results on November 7 for the
period ending September 30 2024
    * The Stamford Connecticut-based  company is expected to
report a
40.3% decrease in revenue to $467.802 million from $783.75
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
earnings of 14 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 13.00​, above​ its last closing price of $7.50. ​​​

This summary was machine generated November 6 at 05:26 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)