Pitney Bowes (NYSE:PBI) Posts Earnings Results, Beats Expectations By $0.06 EPS

Pitney Bowes (NYSE:PBI) released its earnings results on Wednesday. The technology company reported $0.42 earnings per share for the quarter, beating the consensus estimate of $0.36 by $0.06, FiscalAI reports. Pitney Bowes had a net margin of 10.10% and a negative return on equity of 30.30%. The business had revenue of $456.18 million during the quarter, compared to analysts’ expectations of $458.24 million. During the same period last year, the business earned $0.31 earnings per share. The firm’s revenue was down .8% on a year-over-year basis.

Pitney Bowes Stock Performance

Shares of NYSE:PBI traded down $0.33 during midday trading on Friday, hitting $16.14. 1,358,931 shares of the stock were exchanged, compared to its average volume of 2,430,440. The business’s 50-day moving average price is $16.93 and its 200 day moving average price is $14.78. Pitney Bowes has a 12 month low of $8.95 and a 12 month high of $19.07. The stock has a market capitalization of $2.21 billion, a price-to-earnings ratio of 12.50, a P/E/G ratio of 0.70 and a beta of 1.66.

Pitney Bowes Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 8th. Stockholders of record on Monday, November 16th will be issued a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 2.5%. This is an increase from Pitney Bowes’s previous quarterly dividend of $0.01. The ex-dividend date is Monday, November 16th. Pitney Bowes’s dividend payout ratio (DPR) is presently 32.79%.

Key Pitney Bowes News

Here are the key news stories impacting Pitney Bowes this week:

• Positive Sentiment: Pitney Bowes reported third-quarter EPS of $0.42, exceeding the $0.36 consensus estimate and rising from $0.31 a year earlier. Operating cash flow also improved significantly to $151.1 million, supporting the company’s profitability and liquidity profile. Pitney Bowes Q3 earnings report
• Positive Sentiment: The company increased its quarterly dividend to $0.10 per share from $0.01, implying $0.40 in annualized dividends and a yield of roughly 2.4%. The larger payout may improve the stock’s appeal to income-oriented investors. Pitney Bowes dividend announcement
• Positive Sentiment: Sidoti raised its Q2 and Q3 2027 EPS estimates modestly, suggesting some expectations for earnings improvement beyond the near term.
• Neutral Sentiment: Analyst estimates were mixed: Sidoti lowered its Q4 2026 EPS forecast to $0.34 from $0.44 and reduced its full-year 2026 estimate to $1.66 from $1.70, but increased selected 2027 quarterly forecasts.
• Negative Sentiment: Pitney Bowes guided to FY 2026 EPS of $1.58-$1.67, below the $1.68 consensus estimate. Revenue guidance of $1.8 billion-$1.9 billion was broadly in line with expectations, but the lower earnings range raises concerns about profitability.
• Negative Sentiment: Management indicated that SendTech could face a $60 million-$80 million revenue headwind in 2027, increasing uncertainty around the company’s transition and future growth outlook. Pitney Bowes SendTech outlook

Analysts Set New Price Targets

Several equities analysts have commented on PBI shares. The Goldman Sachs Group reiterated a “neutral” rating and issued a $17.30 price objective on shares of Pitney Bowes in a report on Thursday, July 30th. Citizens Jmp increased their target price on shares of Pitney Bowes from $19.00 to $22.00 and gave the stock a “market outperform” rating in a research report on Friday, July 31st. Zacks Research downgraded Pitney Bowes from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 2nd. Weiss Ratings cut Pitney Bowes from a “buy (b)” rating to a “buy (b-)” rating in a report on Tuesday. Finally, Truist Financial upped their target price on Pitney Bowes from $15.00 to $18.00 and gave the company a “hold” rating in a research report on Friday, July 31st. Three research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $18.45.

Insider Buying and Selling

In other Pitney Bowes news, EVP Deborah Pfeiffer sold 20,000 shares of the business’s stock in a transaction that occurred on Tuesday, September 8th. The shares were sold at an average price of $17.11, for a total transaction of $342,200.00. Following the sale, the executive vice president directly owned 79,223 shares of the company’s stock, valued at $1,355,505.53. The trade was a 20.16% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Todd Everett sold 10,000 shares of Pitney Bowes stock in a transaction on Thursday, September 10th. The stock was sold at an average price of $16.89, for a total transaction of $168,900.00. Following the transaction, the executive vice president owned 86,048 shares in the company, valued at approximately $1,453,350.72. This trade represents a 10.41% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 819,841 shares of company stock worth $14,366,526 in the last ninety days. Company insiders own 6.50% of the company’s stock.

Pitney Bowes Company Profile

Pitney Bowes Inc (NYSE:PBI) is a global technology and services company that helps businesses manage mailing, shipping and related communications. Its offerings include postage meters, mailing systems, shipping software, parcel management tools, address and data services, and equipment financing and support.

The company serves small businesses, large enterprises and government organizations through solutions designed to streamline the preparation, processing and delivery of physical mail and packages.