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Pitney Bowes Inc (PBI.N)

PBI.N on New York Stock Exchange

8.08USD
17 Aug 2018
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$-0.03 (-0.37%)
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Latest Key Developments (Source: Significant Developments)

Pitney Bowes Reports Q2 GAAP Earnings Per Share $0.26
Wednesday, 1 Aug 2018 

Aug 1 (Reuters) - Pitney Bowes Inc ::PITNEY BOWES ANNOUNCES SECOND QUARTER 2018 FINANCIAL RESULTS.Q2 ADJUSTED EARNINGS PER SHARE $0.26.Q2 GAAP EARNINGS PER SHARE $0.26.Q2 REVENUE $861 MILLION VERSUS I/B/E/S VIEW $864.2 MILLION.Q2 EARNINGS PER SHARE VIEW $0.26 -- THOMSON REUTERS I/B/E/S.REAFFIRMING ITS PRIOR ANNUAL GUIDANCE FOR 2018.  Full Article

Platinum Equity To Acquire Pitney Bowes' Global Production Mail Business
Monday, 30 Apr 2018 

April 30 (Reuters) - Pitney Bowes Inc ::PLATINUM EQUITY TO ACQUIRE PITNEY BOWES' GLOBAL PRODUCTION MAIL BUSINESS.PITNEY BOWES INC - DEAL FOR $361 MILLION.PITNEY BOWES INC - ANTICIPATES PROCEEDS FROM SALE OF APPROXIMATELY $270 MILLION, NET OF ESTIMATED CLOSING COSTS, TRANSACTION FEES AND TAXES.PITNEY BOWES INC - EXPECTS TO USE MAJORITY OF NET PROCEEDS FROM SALE TO PAY DOWN DEBT.  Full Article

Pitney Bowes Reports Q4 GAAP EPS Of $0.48
Wednesday, 31 Jan 2018 

Jan 31 (Reuters) - Pitney Bowes Inc ::PITNEY BOWES ANNOUNCES FULL YEAR AND FOURTH QUARTER 2017 FINANCIAL RESULTS.Q4 ADJUSTED EARNINGS PER SHARE $0.40.Q4 GAAP EARNINGS PER SHARE $0.48.Q4 REVENUE $1.0 BILLION VERSUS I/B/E/S VIEW $991 MILLION.Q4 EARNINGS PER SHARE VIEW $0.37 -- THOMSON REUTERS I/B/E/S.SEES FY 2018 ADJUSTED EARNINGS PER SHARE $1.40 TO $1.55.SEES FY 2018 REVENUE UP 9 TO 13 PERCENT.SEES FY FREE CASH FLOW TO BE IN RANGE OF $350 MILLION TO $400 MILLION.COMPANY ALSO EXPECTS TO REPATRIATE CASH AND WILL USE CASH TO PAY DOWN DEBT IN 2018.FY2018 EARNINGS PER SHARE VIEW $1.42, REVENUE VIEW $3.73 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Pitney Bowes Received Interest From Blackstone, Carlyle‍​- CNBC, Citing Report‍​
Thursday, 11 Jan 2018 

Jan 11 (Reuters) - :PITNEY BOWES HAS RECEIVED INTEREST FROM BLACKSTONE AND CARLYLE‍​- CNBC, CITING A REPORT‍​.  Full Article

Pitney Bowes Q3 adjusted earnings per share $0.33
Wednesday, 1 Nov 2017 

Nov 1 (Reuters) - Pitney Bowes Inc :Pitney Bowes announces third quarter 2017 financial results.Q3 adjusted earnings per share $0.33.Q3 GAAP earnings per share $0.31.Q3 revenue $843 million versus I/B/E/S view $831.5 million.Q3 earnings per share view $0.42 -- Thomson Reuters I/B/E/S.Sees FY 2017 adjusted earnings per share $1.38 to $1.46.Sees FY 2017 revenue up 3 to 5 percent.Pitney Bowes Inc - ‍lowering its annual guidance range for adjusted EPS and free cash flow​.Pitney Bowes Inc - ‍increasing its annual revenue guidance range to reflect Newgistics acquisition​.Pitney Bowes Inc - ‍announcing a $200 million spend reduction program over next 2 years​.Pitney Bowes Inc - ‍for FY 2017 revenue, on a constant currency basis, to be in range of 3 percent to 5 percent growth, when compared to 2016​.Pitney Bowes Inc - ‍for full year 2017 free cash flow to be in range of $350 million to $380 million​.Pitney Bowes Inc - ‍has initiated a review of strategic alternatives for company​.  Full Article

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Amazon forms U.S. Postal Service lobby group with other companies

WASHINGTON Amazon.com Inc and other retail and logistics companies said on Wednesday they had started a new group to lobby to keep the U.S. Postal Service's (USPS) package delivery services "reliable and affordable."