Pitney Bowes (PBI) to Release Earnings on Thursday

Pitney Bowes (NYSE:PBI - Get Free Report) 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. Parties interested in participating in the company's conference call can do so using this link.

Pitney Bowes (NYSE:PBI - Get Free Report) last posted its quarterly earnings data on Thursday, August 8th. The technology company reported $0.03 EPS for the quarter, topping analysts' consensus estimates of ($0.07) by $0.10. The company had revenue of $793.17 million during the quarter, compared to the consensus estimate of $771.65 million. Pitney Bowes had a negative net margin of 8.05% and a negative return on equity of 5.31%. The company's quarterly revenue was up 2.1% on a year-over-year basis. During the same period in the prior year, the business posted ($0.02) EPS. 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 Stock Performance

PBI traded down $0.16 on Thursday, hitting $7.21. 1,904,508 shares of the company were exchanged, compared to its average volume of 1,716,766. The stock's fifty day moving average is $6.97 and its 200-day moving average is $6.08. Pitney Bowes has a 12 month low of $3.05 and a 12 month high of $7.70. The company has a market cap of $1.29 billion, a PE ratio of -4.81, a PEG ratio of 1.35 and a beta of 1.97.

Pitney Bowes Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 6th. Stockholders of record on Thursday, August 22nd were issued a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 2.77%. The ex-dividend date was Thursday, August 22nd. Pitney Bowes's payout ratio is presently -13.33%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered shares of Pitney Bowes from a "strong-buy" rating to a "buy" rating in a research report on Wednesday, August 21st.

About Pitney Bowes

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.