Pitney Bowes (PBI) to Release Quarterly Earnings on Thursday

Pitney Bowes (NYSE:PBI) is set to release its earnings data after the market closes on Thursday, November 7th. Analysts expect Pitney Bowes to post earnings of $0.13 per share for the quarter. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

Pitney Bowes (NYSE:PBI) last posted its quarterly earnings data on Thursday, August 8th. The technology company reported $0.03 EPS for the quarter, beating analysts’ consensus estimates of ($0.07) by $0.10. The company had revenue of $793.17 million during the quarter, compared to analysts’ expectations of $771.65 million. Pitney Bowes had a negative return on equity of 5.31% and a negative net margin of 8.05%. Pitney Bowes’s revenue for the quarter was up 2.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned ($0.02) earnings per share. On average, analysts expect Pitney Bowes to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Pitney Bowes Stock Up 0.4 %

Shares of Pitney Bowes stock traded up $0.03 during trading hours on Tuesday, reaching $7.51. 264,936 shares of the stock traded hands, compared to its average volume of 1,711,730. Pitney Bowes has a one year low of $3.68 and a one year high of $7.70. The firm has a market capitalization of $1.35 billion, a price-to-earnings ratio of -4.99, a P/E/G ratio of 1.37 and a beta of 1.97. The company has a 50 day moving average price of $6.98 and a 200 day moving average price of $6.16.

Pitney Bowes Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, September 6th. Investors of record on Thursday, August 22nd were given a dividend of $0.05 per share. The ex-dividend date was Thursday, August 22nd. This represents a $0.20 annualized dividend and a yield of 2.66%. Pitney Bowes’s dividend payout ratio (DPR) is -13.33%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com cut shares of Pitney Bowes from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, August 21st.

Pitney Bowes Company Profile

Pitney Bowes Inc, a shipping and mailing company, provides technology, logistics, and financial services to small and medium-sized businesses, large enterprises, retailers, and government clients in the United States and internationally. It operates through Global Ecommerce, Presort Services, and SendTech Solutions segments.