Pitney Bowes: Q1 Earnings Insights

Shares of Pitney Bowes PBI were unchanged in pre-marke trading after the company reported Q1 results.

Quarterly Results

Earnings per share were down 58.33% over the past year to $0.05, which missed the estimate of $0.09.

Revenue of $796,268,000 up by 0.16% year over year, which beat the estimate of $776,140,000.

Looking Ahead

Earnings guidance hasn't been issued by the company for now.

Pitney Bowes hasn't issued any revenue guidance for the time being.

Conference Call Details

Date: May 04, 2020

Time: 03:00 PM ET

Webcast URL: https://edge.media-server.com/mmc/p/4rrfg2zj

Technicals

Company's 52-week high was at $6.25

52-week low: $1.67

Price action over last quarter: down 15.89%

Company Description

Pitney Bowes is a global technology company that offers products to assist consumers in marketing to their customers. These products consist of customer information management, location intelligence, and customer engagement products and solutions. The company operates through three segments including small and medium business solutions, enterprise business solutions, and digital commerce solutions. The segment generating the largest revenue is small and medium business solutions. The company is primarily located in the United States but also operates overseas.