Pitney Bowes (PBI) Posts Better-Than-Expected Q3 Results; Narrows FY10 EPS Forecast

November 2, 2010 4:15 PM EDT Send to a Friend
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Price: $24.77 +2.02%

Financial Fact:
Cost of software: 29.78M

Today's EPS Names:
VLCCF, GASS, HSOL, More
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Pitney Bowes, Inc. (NYSE: PBI) reports Q3 EPS of $0.55, 3 cents better than the analyst estimate of $0.52. Revenue for the quarter was $1.35 billion, which compares to the estimate of $1.31 billion.

Narrows FY10 EPS from range of $2.10-$2.30 to $2.15-$2.22, vs. estimate of $2.17.


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