Pitney Bowes (NYSE:PBI) Issues Quarterly Earnings Results, Beats Estimates By $0.16 EPS

Posted by Mitch Edgeman on Feb 12th, 2025

Pitney Bowes (NYSE:PBI – Get Free Report) announced its quarterly earnings data on Tuesday. The technology company reported $0.32 EPS for the quarter, beating analysts’ consensus estimates of $0.16 by $0.16, Zacks reports. Pitney Bowes had a negative net margin of 13.02% and a negative return on equity of 12.85%. Pitney Bowes updated its FY 2025 guidance to 1.100-1.300 EPS.

Pitney Bowes Stock Performance

Pitney Bowes stock opened at $8.77 on Wednesday. The stock’s 50 day moving average price is $7.78 and its 200 day moving average price is $7.33. Pitney Bowes has a 1-year low of $3.73 and a 1-year high of $9.37.

Insiders Place Their Bets

In other Pitney Bowes news, EVP Lauren Freemen-Bosworth sold 42,308 shares of the stock in a transaction dated Friday, November 29th. The shares were sold at an average price of $8.12, for a total value of $343,540.96. Following the completion of the transaction, the executive vice president now directly owns 18,664 shares of the company’s stock, valued at approximately $151,551.68. This trade represents a 69.39 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Paul J. Evans purchased 29,000 shares of the firm’s stock in a transaction dated Wednesday, November 20th. The shares were purchased at an average cost of $7.80 per share, for a total transaction of $226,200.00. Following the purchase, the director now directly owns 29,000 shares in the company, valued at approximately $226,200. This represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. 14.30% of the stock is currently owned by company insiders.

Pitney Bowes Company Profile

(Get Free Report)

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.