Pitney Bowes (NYSE:PBI) Updates FY 2025 Earnings Guidance

Pitney Bowes (NYSE:PBI) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share guidance of 1.100-1.300 for the period, compared to the consensus earnings per share estimate of 1.040. The company issued revenue guidance of $2.0 billion-$2.0 billion, compared to the consensus revenue estimate of $2.0 billion.

Pitney Bowes Price Performance

Shares of NYSE PBI traded down $0.05 during midday trading on Tuesday, hitting $8.77. The company’s stock had a trading volume of 4,625,549 shares, compared to its average volume of 2,049,826. The business’s fifty day simple moving average is $7.78 and its two-hundred day simple moving average is $7.33. Pitney Bowes has a 1 year low of $3.73 and a 1 year high of $9.37. The firm has a market capitalization of $1.59 billion, a price-to-earnings ratio of -4.02, a price-to-earnings-growth ratio of 0.52 and a beta of 2.01.

Pitney Bowes (NYSE:PBI) last issued its quarterly earnings results on Tuesday, February 11th. The technology company reported $0.32 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.16 by $0.16. Pitney Bowes had a negative net margin of 13.02% and a negative return on equity of 12.85%. Analysts anticipate that Pitney Bowes will post 0.4 EPS for the current fiscal year.

Insider Buying and Selling

In other news, EVP Deborah Pfeiffer sold 35,000 shares of the business’s stock in a transaction that occurred on Monday, January 27th. The shares were sold at an average price of $9.02, for a total transaction of $315,700.00. Following the completion of the sale, the executive vice president now owns 124,124 shares in the company, valued at approximately $1,119,598.48. The trade was a 22.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Paul J. Evans acquired 29,000 shares of Pitney Bowes stock in a transaction dated Wednesday, November 20th. The shares were bought at an average price of $7.80 per share, with a total value of $226,200.00. Following the transaction, the director now directly owns 29,000 shares in the company, valued at approximately $226,200. The trade was a ∞ increase in their position. The disclosure for this purchase can be found here. 14.30% of the stock is owned by insiders.

Pitney Bowes Company Profile

Pitney Bowes Inc, a shipping and mailing company, provides technology, logistics, and financial services to small and medium-sized businesses, large enterprises, retailers, and government clients in the United States and internationally. It operates through Global Ecommerce, Presort Services, and SendTech Solutions segments.