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

Pitney Bowes

30/01/2024 13:33

* Pitney Bowes Inc  PBI.N   PBI  is expected to show a fall
in
quarterly revenue when it reports  results on February 1 for the
period ending December 31 2023
    * The Stamford Connecticut-based  company is expected to
report a
6.5% decrease in revenue to $849.848 million from $908.69
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 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 $6.00​, above​ its last closing price of $4.38. ​​​

This summary was machine generated January 30 at 13:33 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)