Pitney Bowes (PBI) Set to Announce Quarterly Earnings on Tuesday
Pitney Bowes (NYSE:PBI) will release its earnings data on Tuesday, October 29th. Pitney Bowes has set its FY13 guidance at $1.62-1.77 EPS.Persons that are interested in registering for the company’s earnings conference call can do so using this link.
Pitney Bowes (NYSE:PBI) last issued its quarterly earnings data on Tuesday, July 30th. The company reported $0.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.44 by $0.08. The company had revenue of $1.20 billion for the quarter, compared to the consensus estimate of $1.19 billion. During the same quarter in the previous year, the company posted $0.50 earnings per share. The company’s revenue for the quarter was down .7% on a year-over-year basis. On average, analysts expect Pitney Bowes to post $1.71 EPS for the current fiscal year and $1.75 EPS for the next fiscal year.
Pitney Bowes (NYSE:PBI) opened at 19.45 on Monday. Pitney Bowes has a 52 week low of $10.34 and a 52 week high of $18.03. The stock has a 50-day moving average of $17.01 and a 200-day moving average of $15.20. The company has a market cap of $3.925 billion and a P/E ratio of 16.27.
A number of research firms have recently commented on PBI. Analysts at Ned Davis Research upgraded shares of Pitney Bowes from a “neutral” rating to a “buy” rating in a research note to investors on Monday, September 30th. On the ratings front, analysts at Zacks reiterated an “underperform” rating on shares of Pitney Bowes in a research note to investors on Friday, August 23rd. They now have a $16.00 price target on the stock. Finally, analysts at Deutsche Bank raised their price target on shares of Pitney Bowes from $13.00 to $15.00 in a research note to investors on Thursday, August 1st. They now have a “hold” rating on the stock. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the company’s stock. Pitney Bowes presently has a consensus rating of “Hold” and a consensus target price of $16.67.
Pitney Bowes Inc is a global provider of software, hardware and services to enable both physical and digital communications and to integrate those physical and digital communications channels.
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