Pitney Bowes (NYSE:PBI - Get Free Report) will likely be posting its quarterly earnings results before the market opens on Thursday, February 6th. Analysts expect Pitney Bowes to post earnings of $0.16 per share and revenue of $509.65 million for the quarter. Individual interested in listening to the company's earnings conference call can do so using this link.
Pitney Bowes (NYSE:PBI - Get Free Report) last issued its quarterly earnings data on Friday, November 8th. The technology company reported $0.21 earnings per share for the quarter, beating analysts' consensus estimates of $0.13 by $0.08. Pitney Bowes had a negative return on equity of 12.85% and a negative net margin of 13.02%. The firm had revenue of $499.46 million during the quarter, compared to analyst estimates of $467.80 million. 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 Down 0.7 %
Shares of PBI traded down $0.07 during trading on Thursday, reaching $8.87. The company's stock had a trading volume of 1,747,723 shares, compared to its average volume of 2,110,958. The company has a market cap of $1.61 billion, a price-to-earnings ratio of -4.07, a P/E/G ratio of 0.45 and a beta of 2.00. The company has a fifty day moving average of $7.67 and a two-hundred day moving average of $7.22. Pitney Bowes has a twelve month low of $3.68 and a twelve month high of $9.29.
Pitney Bowes Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Friday, December 6th. Investors of record on Monday, November 18th were issued a $0.05 dividend. The ex-dividend date of this dividend was Monday, November 18th. This represents a $0.20 annualized dividend and a yield of 2.26%. Pitney Bowes's dividend payout ratio is presently -9.17%.
Insiders Place Their Bets
In other Pitney Bowes news, Director Paul J. Evans purchased 29,000 shares of the firm's stock in a transaction dated Wednesday, November 20th. The stock was acquired 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 of the company's stock, valued at approximately $226,200. This represents a ∞ increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Deborah Pfeiffer sold 35,000 shares of the stock in a transaction dated Monday, January 27th. The stock was sold at an average price of $9.02, for a total transaction of $315,700.00. Following the sale, the executive vice president now owns 124,124 shares in the company, valued at approximately $1,119,598.48. This trade represents a 22.00 % decrease in their position. The disclosure for this sale can be found here. 14.30% of the stock is owned by company insiders.
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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