Pitney-Bowes (PBI) Lowers Quarterly Dividend 73.3% to $0.05; Adds $100M to Buyback
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Pitney Bowes (PBI) PT Lowered to $14 at Ladenburg Thalmann
February 6, 2019 8:13 AM ESTLadenburg 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
Pitney-Bowes (PBI) Reports In-Line Q4 EPS, FY EPS Guidance Misses Consensus
February 5, 2019 7:03 AM ESTPitney-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
