Pitney-Bowes (PBI) Tops Q1 EPS by 1c

Pitney-Bowes (NYSE: PBI) reported Q1 EPS of $0.36, $0.01 better than the analyst estimate of $0.35. Revenue for the quarter came in at $837 million versus the consensus estimate of $817.05 million.

2017 Guidance

The Company is reaffirming its annual guidance for 2017:

• Revenue, on a constant currency basis, to be in the range of a 2 percent decline to 1 percent growth when compared to 2016.
• Adjusted EPS to be in the range of $1.70 to $1.85.
• Free cash flow to be in the range of $400 million to $460 million.

For earnings history and earnings-related data on Pitney-Bowes (PBI) click here.

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