Pitney Bowes Announces First Quarter 2019 Financial Results

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Go back to Pitney Bowes Announces First Quarter 2019 Financial Results

Pitney-Bowes (PBI) Misses Q1 EPS by 9c, Revenues Beat; Affirms FY19 EPS Guidance Below Consensus

May 1, 2019 7:07 AM EDT

Pitney-Bowes (NYSE: PBI) reported Q1 EPS of $0.12, $0.09 worse than the analyst estimate of $0.21. Revenue for the quarter came in at $868 million versus the consensus estimate of $866.04 million.

Revenue of $868 million, a decline of 3 percent; a decline of 2 percent when adjusted for the impact of currency; a decline of 1 percent when adjusted for both the impact of currency and market exitsGAAP EPS of... More