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

Pitney Bowes (NYSE:PBI) updated its FY 2025 earnings guidance on Tuesday. The company provided EPS guidance of 1.100-1.300 for the period, compared to the consensus EPS 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 Trading Up 9.8 %

Shares of NYSE PBI traded up $0.86 during midday trading on Wednesday, reaching $9.60. The company’s stock had a trading volume of 2,994,621 shares, compared to its average volume of 2,060,600. The stock has a 50 day simple moving average of $7.78 and a 200-day simple moving average of $7.33. The stock has a market capitalization of $1.74 billion, a price-to-earnings ratio of -4.39, a PEG ratio of 0.52 and a beta of 2.01. Pitney Bowes has a fifty-two week low of $3.73 and a fifty-two week high of $9.95.

Pitney Bowes (NYSE:PBI) last released its earnings results on Tuesday, February 11th. The technology company reported $0.32 earnings per share for the quarter, beating 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%. As a group, equities analysts anticipate that Pitney Bowes will post 0.4 EPS for the current year.

Insider Activity at Pitney Bowes

In other news, EVP Lauren Freemen-Bosworth sold 42,308 shares of the company’s 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 sale, the executive vice president now directly owns 18,664 shares of the company’s stock, valued at approximately $151,551.68. This represents a 69.39 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Paul J. Evans bought 29,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 20th. The stock was purchased at an average price of $7.80 per share, with a total value of $226,200.00. Following the completion of the purchase, the director now directly owns 29,000 shares in the company, valued at $226,200. The trade was a ∞ increase in their position. The disclosure for this purchase can be found here. Insiders own 14.30% of the company’s stock.

About Pitney Bowes

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.