Pitney Bowes: Q3 Earnings Insights

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Pitney Bowes PBI reported its Q3 earnings results on Tuesday, November 1, 2022 at 07:00 AM.

Here's what investors need to know about the announcement.

Earnings

Pitney Bowes missed estimated earnings by 100.0%, reporting an EPS of $0.0 versus an estimate of $0.02.

Revenue was down $44.53 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.02 which was followed by a 4.11% drop in the share price the next day.

Here's a look at Pitney Bowes's past performance:

 

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 0.04 0.03 0.11 0.07
EPS Actual 0.02 0.08 0.06 0.08
Revenue Estimate 897.97M 931.76M 961.63M 892.29M
Revenue Actual 871.50M 926.94M 983.71M 875.45M

To track all earnings releases for Pitney Bowes visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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