Pitney Bowes: Q1 Earnings Insights

 

Shares of Pitney Bowes PBI rose 1.1% in pre-market trading after the company reported Q1 results.

Quarterly Results

Earnings per share were up 40.00% over the past year to $0.07, which beat the estimate of $0.04.

Revenue of $915,197,000 rose by 14.94% year over year, which beat the estimate of $873,860,000.

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: Apr 30, 2021

Time: 08:00 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/5zyuzntw

Price Action

Company's 52-week high was at $15.50

52-week low: $2.02

Price action over last quarter: Up 1.38%

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.

Posted In: BZI-RecapsEarningsNews