Pitney Bowes Announces Second Quarter 2019 Financial Results

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Pitney-Bowes (PBI) Tops Q2 EPS by 4c; Offers FY19 EPS Guidance Above Consensus

August 6, 2019 7:39 AM EDT

Pitney-Bowes (NYSE: PBI) reported Q2 EPS of $0.21, $0.04 better than the analyst estimate of $0.17. Revenue for the quarter came in at $861 million versus the consensus estimate of $861.65 million.

Quarterly Results:

Revenue of $861 million, a decrease of 1 percent; flat when adjusted for the impact of currency; an increase of 2 percent when adjusted for both the impact of currency and market exitsGAAP EPS of $0.13; Adjusted EPS of... More