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

Pitney Bowes (NYSE:PBI) issued an update on its FY 2025 earnings guidance on Tuesday morning. 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 Stock Performance

PBI traded down $0.05 during trading on Tuesday, hitting $8.77. The stock had a trading volume of 4,625,549 shares, compared to its average volume of 2,049,826. Pitney Bowes has a twelve month low of $3.73 and a twelve month high of $9.37. The firm has a market capitalization of $1.59 billion, a P/E ratio of -4.02, a PEG ratio of 0.52 and a beta of 2.01. The company’s 50-day moving average price is $7.78 and its 200 day moving average price is $7.33.

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

Insider Transactions at Pitney Bowes

In other Pitney Bowes 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 transaction, the executive vice president now directly owns 18,664 shares in the company, valued at approximately $151,551.68. This represents a 69.39 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Deborah Pfeiffer sold 35,000 shares of the company’s stock in a transaction dated 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 transaction, the executive vice president now owns 124,124 shares in the company, valued at approximately $1,119,598.48. This trade represents a 22.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 14.30% of the company’s stock.

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.