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Shares of Pitney Bowes (NYSE:PBI) moved higher by 5.9% in pre-market trading after the company reported Q4 results.
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Quarterly Results
Earnings per share were down 7.14% over the past year to $0.13, which beat the estimate of $0.10.
Revenue of $1,028,000,000 higher by 23.66% from the same period last year, which beat the estimate of $938,700,000.
Looking Ahead
Earnings guidance hasn't been issued by the company for now.
Revenue guidance hasn't been issued by the company for now.
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Conference Call Details
Date: Feb 02, 2021
Time: 08:00 AM
ET Webcast URL: https://edge.media-server.com/mmc/p/cpobj9kc
Recent Stock Performance
Company's 52-week high was at $15.50
52-week low: $1.67
Price action over last quarter: Up 121.98%
Company Overview
Pitney Bowes is a global technology company that offers e-commerce solutions to its clients. The company provides various products and services such as domestic delivery, return and fulfillment, cross-border shipping solutions, sorting services for large volumes of postal mails, technological solutions to enable digital mailing, shipping, and other services. The company operates through three business segments: global e-commerce, presort services, and SendTech Solutions. The company generates roughly half of its revenue through the SendTech Solutions segment, and most of its revenue is earned in the United States.
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.