Picture of Pitney Bowes logo

PBI — Pitney Bowes News Story

0.000.00%
us flag iconLast trade - 00:00
TechnologyAdventurousMid CapSuper Stock

Pitney Bowes Inc reports results for the quarter ended June 30 - Earnings Summary

Pitney Bowes Inc PBI.N reported quarterly adjusted earnings of 27 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 3 cents.  The mean expectation of two analysts for the quarter was for earnings of 28 cents per share. Wall Street expected results to range from 27 cents to 28 cents per share.

Revenue fell 41.8% to $461.91 million from a year ago; analysts expected $475.92 million.

Pitney Bowes Inc's reported EPS for the quarter was 17 cents​.

The company reported quarterly net income of $29.98 million.

Pitney Bowes Inc shares had risen by 6.0% this quarter and gained 59.8% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts was unchanged in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

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  "buy."

Wall Street's median 12-month price target for Pitney Bowes Inc is $17.00, about 33.1% above its last closing price of $11.38

This summary was machine generated from LSEG data July 30 at 09:41 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 ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 20250.280.27Missed
Mar. 31 20250.270.33Beat
Dec. 31 20240.150.32Beat
Sep. 30 20240.140.21Beat

Recent news on Pitney Bowes

See all news