Pitney Bowes Q2 adjusted profit misses estimates, lowers FY revenue guidance

Pitney Bowes

30/07/2025 21:23

Overview

Pitney Bowes Q2 revenue down 6% yr/yr, missing analyst expectations, per LSEG data

Adjusted EPS for Q2 misses analyst estimates, per LSEG data

Co increases share repurchase authorization to $400 mln, raises dividend

Outlook

Pitney Bowes lowers full-year revenue guidance to $1.90 bln-$1.95 bln

Company raises adjusted EPS guidance to $1.20-$1.40

Pitney Bowes tightens adjusted EBIT guidance by lowering top end

Company reaffirms full-year free cash flow guidance

Result Drivers

SENDTECH SHIFT - Revenue decline attributed to end of product migration and shift from equipment placement to lease extensions

COST REDUCTION - Adjusted EBIT and EBITDA improvements driven by simplification and cost reduction initiatives

PRESORT GROWTH - Revenue growth in Presort Services due to higher revenue per piece and product mix

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Miss
$462 mln
$475.90 mln (1 Analyst)
Q2 Adjusted EPS
Miss
$0.27
$0.28 (2 Analysts)
Q2 EPS
$0.17
Q2 Adjusted EBIT
$102 mln
Q2 Free Cash Flow
$106 mln


Analyst Coverage

The one available analyst rating on the shares is "hold"

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 31.9% above its July 29 closing price of $11.57

The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 7 three months ago

Press Release: ID:nBw64TD6la

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)