Pitney Bowes Announces Full Year and Fourth Quarter 2018 Financial Results
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February 6, 2019 8:13 AM EST
Ladenburg Thalmann analyst Glenn Mattson lowered the price target on Pitney Bowes (NYSE: PBI) to $14.00 (from $16.00) while maintaining a Buy rating.
Mattson commented, "We continue to use a 12.5x multiple on our new $1.14 estimate. We argue that shares have been... More
February 5, 2019 9:10 AM EST
Pitney-Bowes (NYSE: PBI) declared a quarterly dividend of $0.05 per share, or $0.20 annualized. This is a 73.3% decrease from the prior dividend of $0.1875. The dividend will be payable on March 11, 2019, to stockholders of record on February 15, 2019, with an ex-dividend date of February 14, 2019. The annual yield... More
February 5, 2019 7:03 AM EST
Pitney-Bowes (NYSE: PBI) reported Q4 EPS of $0.38, in-line with the analyst estimate of $0.38. Revenue for the quarter came in at $947.1 million versus the consensus estimate of $933.17 million.
GUIDANCE:
Pitney-Bowes sees FY2019 EPS of $1.05-$1.20, versus the consensus... More
