Pitney Bowes (NYSE:PBI) Updates FY 2025 Earnings Guidance

Pitney Bowes (NYSE:PBIGet Free Report) updated its FY 2025 earnings guidance on Tuesday. The company provided EPS guidance of 1.100-1.300 for the period, compared to the consensus EPS estimate of 1.040. The company issued revenue guidance of $2.0 billion-$2.0 billion, compared to the consensus revenue estimate of $2.0 billion.

Pitney Bowes Trading Down 0.6 %

Shares of PBI traded down $0.05 during trading hours on Tuesday, reaching $8.77. 4,625,549 shares of the stock traded hands, compared to its average volume of 2,049,826. Pitney Bowes has a 52 week low of $3.73 and a 52 week high of $9.37. The stock has a fifty day simple moving average of $7.78 and a 200 day simple moving average of $7.33. The company has a market cap of $1.59 billion, a price-to-earnings ratio of -4.02, a PEG ratio of 0.52 and a beta of 2.01.

Pitney Bowes (NYSE:PBIGet Free Report) last issued its quarterly earnings results on Tuesday, February 11th. The technology company reported $0.32 EPS for the quarter, topping analysts’ consensus estimates of $0.16 by $0.16. Pitney Bowes had a negative return on equity of 12.85% and a negative net margin of 13.02%. Analysts predict that Pitney Bowes will post 0.4 earnings per share for the current fiscal year.

Insider Activity at Pitney Bowes

In other news, EVP Deborah Pfeiffer sold 35,000 shares of the company’s stock in a transaction on Monday, January 27th. The stock was sold at an average price of $9.02, for a total transaction of $315,700.00. Following the transaction, the executive vice president now owns 124,124 shares of the company’s stock, valued at $1,119,598.48. This represents a 22.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Paul J. Evans acquired 29,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 20th. The stock was purchased at an average cost of $7.80 per share, with a total value of $226,200.00. Following the acquisition, the director now owns 29,000 shares in the company, valued at $226,200. The trade was a ∞ increase in their position. The disclosure for this purchase can be found here. 14.30% of the stock is owned by company insiders.

Pitney Bowes Company Profile

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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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Earnings History and Estimates for Pitney Bowes (NYSE:PBI)

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