Pitney Bowes (PBI) Set to Announce Earnings on Thursday

Pitney Bowes (NYSE:PBI) will release 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. Persons interested in participating in the company’s earnings conference call can do so using this link.

Pitney Bowes (NYSE:PBI) last announced its quarterly earnings data on Thursday, February 1st. The technology company reported $0.07 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.02 by $0.05. Pitney Bowes had a negative net margin of 11.81% and a negative return on equity of 4.75%. The company had revenue of $871.58 million during the quarter, compared to analysts’ expectations of $849.85 million. During the same quarter in the prior year, the company posted $0.06 EPS. The business’s revenue was down 4.1% on a year-over-year basis. 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

Shares of PBI stock opened at $4.25 on Thursday. Pitney Bowes has a 52-week low of $2.80 and a 52-week high of $4.58. The stock has a market cap of $755.10 million, a price-to-earnings ratio of -1.94, a P/E/G ratio of 28.00 and a beta of 2.16. The firm has a fifty day moving average of $4.10 and a 200-day moving average of $4.04.

Pitney Bowes Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 14th. Stockholders of record on Friday, February 9th were paid a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 4.71%. The ex-dividend date was Thursday, February 8th. Pitney Bowes’s dividend payout ratio is -9.13%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com cut shares of Pitney Bowes from a “buy” rating to a “hold” rating in a research note 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.