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

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

Pitney Bowes (NYSE:PBI) last announced 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 firm had revenue of $793.17 million during the quarter, compared to analyst estimates of $771.65 million. During the same quarter in the prior year, the firm 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 0.3 %

PBI stock opened at $7.50 on Wednesday. The firm’s 50-day moving average is $6.98 and its two-hundred day moving average is $6.19. The company has a market capitalization of $1.35 billion, a price-to-earnings ratio of -5.00, a price-to-earnings-growth ratio of 1.37 and a beta of 1.97. Pitney Bowes has a 52 week low of $3.68 and a 52 week high of $7.70.

Pitney Bowes Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 6th. Investors of record on Thursday, August 22nd were paid a dividend of $0.05 per share. The ex-dividend date was Thursday, August 22nd. This represents a $0.20 dividend on an annualized basis and a dividend yield of 2.67%. Pitney Bowes’s dividend payout ratio is presently -13.33%.

Wall Street Analyst Weigh In

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