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Pitney Bowes (NYSE:PBI) unveils its next round of earnings this Tuesday, February 02. Here is Benzinga's everything-that-matters guide for the earnings announcement.
Net Income, Earnings, And Earnings Per Share
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Earnings and especially earnings per share (EPS) are useful measures of a company's profitability. Total earnings, which is also referred to as net income, equals total revenue minus total expenses. EPS equals to net income divided by the number of shares outstanding.
Earnings And Revenue
Wall Street analysts see Pitney Bowes reporting earnings of $0.1 per share on sales of $938.70 million. In the same quarter last year, Pitney Bowes reported EPS of $0.14 on revenue of $831.34 million.
What Are Analyst Estimates And Earnings Surprises, And Why Do They Matter?
Wall Street analysts who study this company will publish analyst estimates of revenue and EPS. The averages of all analyst EPS and revenue estimates are called the "consensus estimates"; these consensus estimates can have a significant effect on a company's performance during an earnings release. When a company posts earnings or revenue above or below a consensus estimate, it has posted an "earnings surprise", which can really move a stock depending on the difference between actual and estimated values.
The analyst consensus estimate would represent a 28.57% decline in the company's EPS figure. Sales would be up 12.91% on a year-over-year basis. Here is how the company's reported EPS has stacked up against analyst estimates in the past:
| Quarter | Q3 2020 | Q2 2020 | Q1 2020 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.05 | -0.01 | 0.09 | 0.12 |
| EPS Actual | 0.08 | 0.04 | 0.05 | 0.14 |
| Revenue Estimate | 851.56 M | 705.82 M | 776.14 M | 848.35 M |
| Revenue Actual | 891.90 M | 837.49 M | 796.27 M | 831.34 M |
Stock Performance
Over the last 52-week period, shares of Pitney Bowes are up 148.14%.
Do not be surprised to see the stock move on comments made during its conference call. Pitney Bowes is scheduled to hold the call at 08:00:00 ET and can be accessed here.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.