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PBI — Pitney Bowes News Story

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Pitney Bowes Inc reports results for the quarter ended December 31 - Earnings Summary

* Pitney Bowes Inc  PBI.N  reported quarterly adjusted
earnings of
32 cents​​ per share for the quarter ended December 31, higher
than the same quarter last year, when the company reported EPS
of 7 cents.  The mean expectation of two analysts for the
quarter was for earnings of 14 cents per share. Wall Street
expected results to range from 13 cents to 16 cents per share.
    * Revenue fell 40.8% to $516.12 million from a year ago;
analysts
expected $509.65 million. 
    * Pitney Bowes Inc's reported EPS for the quarter was a loss
of 21
cents​.
    * The company reported a quarterly loss of $37.37 million.
    * Pitney Bowes Inc shares had risen by 21.8% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 7.4%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the office
equipment
peer group is also "hold"

Wall Street's median 12-month price target for Pitney Bowes Inc
is $15.00 
This summary was machine generated from LSEG data February 11 at
10:01 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.15           0.32           Beat
 Sep. 30 2024      0.14           0.21           Beat
 Jun. 30 2024      -0.07          0.03           Beat
 Mar. 31 2024      -0.04          -0.01          Beat

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