Pitney Bowes Announces Full Year And Fourth Quarter 2019 Financial Results; 2020 Guidance
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Pitney-Bowes (PBI) Tops Q4 EPS by 2c, Revenues Miss; Provides FY20 EPS Guidance
February 4, 2020 7:01 AM ESTPitney-Bowes (NYSE: PBI) reported Q4 EPS of $0.14, $0.02 better than the analyst estimate of $0.12. Revenue for the quarter came in at $831 million versus the consensus estimate of $846.76 million.
Quarterly Results:
Revenue of $831 million, a decrease of 3 percent; a decrease of 2 percent when adjusted for both the impact of currency and market exitsGAAP EPS of $1.03; Adjusted EPS of $0.14GAAP cash from operations of $70 million; free cash flow... More