Pitney Bowes (PBI) Set to Announce Quarterly Earnings on Thursday

Pitney Bowes (NYSE:PBI) will be issuing its quarterly earnings data before the market opens on Thursday, May 2nd. Analysts expect the company to announce earnings of ($0.04) per share for the quarter. Persons interested in registering for the company’s earnings conference call can do so using this link.

Pitney Bowes (NYSE:PBI) last issued its earnings results on Thursday, February 1st. The technology company reported $0.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.02 by $0.05. The firm had revenue of $871.58 million for the quarter, compared to analysts’ expectations of $849.85 million. Pitney Bowes had a negative net margin of 11.81% and a negative return on equity of 4.75%. Pitney Bowes’s revenue was down 4.1% on a year-over-year basis. During the same quarter last year, the company posted $0.06 earnings per share. On average, analysts expect Pitney Bowes to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Pitney Bowes Trading Up 2.7 %

NYSE:PBI opened at $4.26 on Wednesday. The firm has a market capitalization of $756.87 million, a PE ratio of -1.95, a price-to-earnings-growth ratio of 27.53 and a beta of 2.15. Pitney Bowes has a 52 week low of $2.80 and a 52 week high of $4.58. The stock has a 50 day moving average of $4.11 and a 200-day moving average of $4.05.

Pitney Bowes Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 14th. Shareholders of record on Friday, February 9th were given a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 4.69%. The ex-dividend date was Thursday, February 8th. Pitney Bowes’s dividend payout ratio is presently -9.13%.

Wall Street Analyst Weigh In

Separately, StockNews.com downgraded shares of Pitney Bowes from a “buy” rating to a “hold” rating in a report on Monday, February 5th.

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.