Pitney Bowes (NYSE:PBI - Get Free Report) is scheduled to post its quarterly earnings results 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 wish to listen to the company's earnings conference call can do so using this link.
Pitney Bowes (NYSE:PBI - Get Free Report) 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. The company had revenue of $871.58 million during the quarter, compared to analyst estimates of $849.85 million. Pitney Bowes had a negative return on equity of 4.75% and a negative net margin of 11.81%. The business's revenue was down 4.1% compared to the same quarter last year. During the same period in the prior year, the company earned $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 Stock Down 0.4 %
Shares of NYSE:PBI traded down $0.02 during trading on Thursday, hitting $4.23. 1,273,824 shares of the company traded hands, compared to its average volume of 1,429,545. Pitney Bowes has a one year low of $2.80 and a one year high of $4.58. The business's fifty day moving average is $4.10 and its 200-day moving average is $4.04. The stock has a market capitalization of $750.66 million, a price-to-earnings ratio of -1.93, a PEG ratio of 28.00 and a beta of 2.16.
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 of this dividend was Thursday, February 8th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 4.73%. Pitney Bowes's payout ratio is currently -9.13%.
Analysts Set New Price Targets
Separately, StockNews.com lowered Pitney Bowes from a "buy" rating to a "hold" rating in a report on Monday, February 5th.
Check Out Our Latest Stock Analysis on Pitney Bowes
About Pitney Bowes
(
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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.
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