Pitney Bowes (PBI) Scheduled to Post Earnings on Thursday

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

Pitney Bowes (NYSE:PBI) last posted its earnings results on Thursday, February 1st. The technology company reported $0.07 EPS for the quarter, beating the consensus estimate of $0.02 by $0.05. Pitney Bowes had a negative return on equity of 4.75% and a negative net margin of 11.81%. The firm had revenue of $871.58 million for the quarter, compared to analysts’ expectations of $849.85 million. During the same period last year, the firm earned $0.06 EPS. The firm’s revenue was down 4.1% compared to the same quarter last year. 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 Stock Performance

PBI opened at $4.15 on Tuesday. The company has a market capitalization of $737.33 million, a PE ratio of -1.89, a P/E/G ratio of 27.53 and a beta of 2.15. Pitney Bowes has a one year low of $2.80 and a one year high of $4.58. The stock’s fifty day moving average is $4.11 and its 200-day moving average is $4.05.

Pitney Bowes Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 14th. Stockholders of record on Friday, February 9th were issued a $0.05 dividend. The ex-dividend date was Thursday, February 8th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 4.82%. Pitney Bowes’s dividend payout ratio is -9.13%.

Analysts Set New Price Targets

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

About Pitney Bowes

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.