Pitney Bowes (PBI) to Release Quarterly Earnings on Thursday

Pitney Bowes (NYSE:PBI) is scheduled to be announcing its earnings results after the market closes on Thursday, November 7th. Analysts expect the company to announce earnings of $0.13 per share for the quarter. Investors interested in registering for the company’s conference call can do so using this link.

Pitney Bowes (NYSE:PBI) last posted its earnings results on Thursday, August 8th. The technology company reported $0.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.07) by $0.10. Pitney Bowes had a negative net margin of 8.05% and a negative return on equity of 5.31%. The business had revenue of $793.17 million for the quarter, compared to analyst estimates of $771.65 million. During the same period last year, the business posted ($0.02) EPS. Pitney Bowes’s revenue was up 2.1% compared to the same quarter last year. 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 Trading Up 1.5 %

NYSE:PBI opened at $7.37 on Thursday. Pitney Bowes has a 1 year low of $3.05 and a 1 year high of $7.70. The firm’s fifty day simple moving average is $6.97 and its 200 day simple moving average is $6.07. The firm has a market capitalization of $1.32 billion, a PE ratio of -4.91, a PEG ratio of 1.35 and a beta of 1.97.

Pitney Bowes Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, September 6th. Investors of record on Thursday, August 22nd were paid a $0.05 dividend. The ex-dividend date was Thursday, August 22nd. This represents a $0.20 dividend on an annualized basis and a yield of 2.71%. Pitney Bowes’s payout ratio is presently -13.33%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded shares of Pitney Bowes from a “strong-buy” rating to a “buy” rating in a report 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.