Pitney Bowes

Pitney Bowes, Inc. is a technology company engaged in the provision of products and solutions in the commerce industry. It operates through the following segments: Global Ecommerce, Presort Services, and SendTech Solutions. The Global Ecommerce segment includes products and services that facilitate domestic retail and ecommerce shipping solutions, including fulfillment and returns, and global cross-border ecommerce transactions. The Presort Services segment includes sortation services to qualify large volumes of first class mail, marketing mail and bound and packet mail for postal worksharing discounts. The SendTech Solutions segment includes physical and digital mailing and shipping solutions, financing, services, supplies and other applications to help simplify and save on the sending, tracking and receiving of letters and packages. The company was founded by Arthur H. Pitney and Walter Bowes on April 23, 1920 and is headquartered in Stamford, CT.

Earnings data Q1 2021

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Earnings data Q1 2022

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Earnings data Q3 2022

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Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Pitney Bowes reports flat Q4 revenue, eyes parcel profitability growth

Pitney Bowes anticipates flat-to-mid single-digit revenue growth in 2023, with a focus on back-end loaded quarterly progression. Strategic flexibility and a cautious outlook characterize the company's response to economic currents.

Pitney Bowes Q1 2023: Navigating Challenges, Focusing on Profitability

Pitney Bowes navigates challenges in Cross-Border while capitalizing on Domestic Parcel growth and higher-margin opportunities.
Efforts towards cost reduction, efficiency improvements, and network optimization aim to drive profitability and savings.
Despite revenue declines in certain segments, the company focuses on client growth, productivity, and margin enhancement strategies.
Ongoing restructuring programs and productivity actions position Pitney Bowes for future efficiency gains and financial stability.

Pitney Bowes reports Q2 profit growth, eyes domestic parcel momentum

Pitney Bowes' Q2 2023 results were consistent with Q1, with no major surprises. The company remains confident in its future positioning, expecting cost and expense benefits in the second half of the year. Management emphasized the importance of domestic parcels and the profitability potential in SendTech and Presort.

Pitney Bowes (PBI) reports mixed Q3 performance, eyes acquisitions for growth

Pitney Bowes (PBI) navigated a mixed quarter with strong performances in key segments but challenges in global e-commerce. The company's focus on cost reduction, acquisitions, and capital structure optimization underscores its commitment to enhancing shareholder value.

Pitney Bowes reports Q4 progress amidst revenue decline and restructuring

Pitney Bowes showcased progress in cost reduction and restructuring efforts, despite revenue decline. The company faces challenges in revenue generation and cost management but sees growth opportunities in its business units. By focusing on optimizing operations and capital allocation, Pitney Bowes aims to drive shareholder value and pursue transformation.

Pitney Bowes reports strong Q1 earnings, optimistic outlook on growth

Pitney Bowes (PBI) delivered strong Q1 results with notable improvements in EBIT and free cash flow. Despite challenges in Global Ecommerce, the company is optimistic about the future, focusing on cost reduction, strategic priorities, and growth opportunities. Transitioning to digital and SaaS presents both challenges and opportunities for Pitney Bowes.

Pitney Bowes reports Q2 revenue growth, exits Global Ecommerce

Pitney Bowes delivered solid Q2 results with revenue growth, improved EBIT, and strong free cash flow. The decision to exit the Global Ecommerce business aims to cut losses and enhance financial performance. The company's focus on cost savings, operational excellence, and core business growth underscores its commitment to value creation.

Pitney Bowes reports improved Q3 performance amidst revenue challenges

Pitney Bowes' Q3 performance reflects improved financial metrics driven by successful strategic initiatives and revenue growth in key segments.
While facing challenges like revenue decline and debt management, the company is well-positioned to capitalize on opportunities in cost optimization and revenue expansion.
By focusing on cost efficiency, strategic initiatives, and leveraging growth opportunities, Pitney Bowes aims to enhance its financial health and drive sustainable growth.

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Pitney Bowes, Inc. is a global shipping and mailing company, which engages in the provision of technology, logistics, and financial services. It operates through the following segments: Global Ecommerce, Presort Services, and SendTech Solutions. The Global Ecommerce segment is composed of cross-border solutions, domestic parcel, and digital delivery services. The Presort Services segment offers sortation services to qualify large volumes of first-class mail, marketing mail, and bound and packet mail for postal work-sharing discounts. The SendTech Solutions segment provides physical and digital mailing and shipping solutions, financing, services, supplies, and other applications. The company was founded by Arthur H. Pitney and Walter Bowes on April 23, 1920 and is headquartered in Stamford, CT.

Pitney Bowes Inc. (NYSE:PBI ) Q3 2024 Earnings Conference Call November 7, 2024 5:00 PM ET Company Participants Alex Brown - Director, Investor Relations. Lance Rosenzweig - Chief Executive Officer & Board Member John Witek - Interim Chief Financial Officer Kurt Wolf - Board Member Conference Call Participants Anthony Lebiedzinski - Sidoti & Company David Steinhardt - Contrarian Capital Justin Dopierala - DOMO Capital Management Kartik Mehta - Northcoast Research Operator Good afternoon, and welcome to the Pitney Bowes Third Quarter 2024 Earnings Release Call.

Pitney Bowes Inc. (PBI) Q3 2024 Earnings Call Transcript

Pitney Bowes (PBI) came out with quarterly earnings of $0.21 per share, beating the Zacks Consensus Estimate of $0.13 per share. This compares to break-even earnings per share a year ago.

Pitney Bowes (PBI) Beats Q3 Earnings and Revenue Estimates

STAMFORD, Conn.--(BUSINESS WIRE)--Pitney Bowes (NYSE: PBI), a technology-driven company that provides SaaS shipping solutions, mailing innovation, and financial services to clients around the world—including more than 90 percent of the Fortune 500, today announced that its Board of Directors has declared a quarterly cash dividend on the company's common stock of $0.05 per share. The dividend will be paid on December 6, 2024 to stockholders of record on November 18, 2024. About Pitney Bowes Pitn.

Pitney Bowes Declares Common Stock Dividend

STAMFORD, Conn.--(BUSINESS WIRE)--Pitney Bowes Inc. (NYSE: PBI), a technology-driven company that provides SaaS shipping solutions, mailing innovation, and financial services to clients around the world, today announced the Company's financial results for the third quarter of fiscal year 2024 and provided a progress update on the strategic initiatives announced on May 22, 2024. The Company also updated its full year guidance for Fiscal Year 2024 following continued strong business performance a.

Pitney Bowes Announces Financial Results for Third Quarter of Fiscal Year 2024 and Progress on Strategic Initiatives

STAMFORD, Conn.--(BUSINESS WIRE)--Pitney Bowes (NYSE: PBI), a technology-driven company that provides SaaS shipping solutions, mailing innovation, and financial services to clients around the world—including more than 90 percent of the Fortune 500, today announced a new program with FedEx, which will offer a FedEx Platform Account to Pitney Bowes customers. Through the FedEx Platform Account, Pitney Bowes customers can access discounted FedEx rates and expanded service options through their mul.

Pitney Bowes and FedEx Launch FedEx Platform Account

STAMFORD, Conn.--(BUSINESS WIRE)--Pitney Bowes Inc. (NYSE: PBI) (“Pitney Bowes” or the “Company”), a technology-driven company that provides SaaS shipping solutions, mailing innovation, and financial services to clients around the world, today announced the appointment of Lance Rosenzweig as the Company's permanent Chief Executive Officer (“CEO”), effective immediately. The Company's Board of Directors (the “Board”) carried out an extensive CEO search process that was supported by a nationally.

Pitney Bowes Appoints Lance Rosenzweig as Permanent CEO and Strengthens Board of Directors

STAMFORD, Conn.--(BUSINESS WIRE)--Pitney Bowes Inc. (NYSE: PBI) (“Pitney Bowes” or the “Company”), a technology-driven company that provides SaaS shipping solutions, mailing innovation, and financial services to clients around the world, today announced that it will report third quarter 2024 earnings results after market close on Thursday, November 7, 2024. The Company will host an investor conference call at 5:00 p.m. ET on the same day to review its results. This call and all supplemental inf.

Pitney Bowes Announces Date for Third Quarter 2024 Earnings Release and Conference Call

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

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Here's Why Pitney Bowes (PBI) is a Strong Value Stock

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Despite Fast-paced Momentum, Pitney Bowes (PBI) Is Still a Bargain Stock

STAMFORD, Conn.--(BUSINESS WIRE)--Pitney Bowes (NYSE: PBI), a global shipping and mailing company, today announced the launch of ShipAccel, a digital platform designed to simplify and enhance shipping operations with advanced ecommerce technology. This launch reinforces Pitney Bowes' offerings in the ecommerce market, now aimed at equipping shippers with technology that addresses their evolving needs. Debuting at Shoptalk Fall (October 16-18, 2024), where attendees will have the opportunity to.

Pitney Bowes Enhances Ecommerce Shipping with ShipAccel

Pitney Bowes' new activist board and management are creating a special situation in the stock. Margin improvements are anticipated as Pitney Bowes exits its unprofitable Global Ecommerce segment and continues cost-saving measures in SendTech Solutions and Presort Services. There is a sharp earnings upgrade in the stock after a long time. Coupled with a large 1-yr fwd PE discount vs comparables, this makes PBI a candidate for buys.

Pitney Bowes: Margin Tailwinds Are A Temporary Catalyst

Despite initial setbacks, Pitney Bowes shares have rallied 147% since November 2022, with 19% total return since January 2022, bolstered by dividends. The company's financials have improved significantly, with a 40% reduction in long-term debt and an 81% lower net loss year-over-year. Pitney Bowes is trading at a relative discount, with the market paying ~$0.37 for $1 of sales, indicating undervaluation.

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Should Value Investors Buy Pitney Bowes (PBI) Stock?

Why Pitney Bowes (PBI) is a Top Value Stock for the Long-Term

Does Pitney Bowes (PBI) have what it takes to be a top stock pick for momentum investors? Let's find out.

Pitney Bowes (PBI) Is Up 2.64% in One Week: What You Should Know

Why Pitney Bowes (PBI) is a Top Momentum Stock for the Long-Term

Fast-paced Momentum Stock Pitney Bowes (PBI) Is Still Trading at a Bargain

Are Investors Undervaluing Pitney Bowes (PBI) Right Now?

Pitney Bowes Presort and SendTech segments are growing EBIT and misunderstood by the market. Post-GEC, Pitney Bowes should earn at least $1.27 per share by 2025 and should currently be valued over $12.50 based on a 10x P/E multiple. Recent USPS changes will strengthen Presort and SendTech which is contrary to the belief of many market participants.

Pitney Bowes Culls Global E-Commerce And Shape-Shifts Under Kurt Wolf

Are You Looking for a Top Momentum Pick? Why Pitney Bowes (PBI) is a Great Choice

Why Fast-paced Mover Pitney Bowes (PBI) Is a Great Choice for Value Investors

Pitney Bowes has sold a controlling interest in most of its Global Ecommerce (GEC) segment operating in the United States to Hilco Global affiliate Hilco Commercial Industrial, which will wind down that business. This move will eliminate nearly all the losses associated with GEC, which amounted to $136 million in 2023, Pitney Bowes said in a Thursday (Aug.

Pitney Bowes Sells Global Ecommerce Business to Streamline Enterprise

Pitney Bowes Inc. (NYSE:PBI ) Q2 2024 Earnings Conference Call August 8, 2024 5:00 PM ET Company Participants Alex Brown - Director, Investor Relations. Lance Rosenzweig - Interim CEO & Director John Witek - Interim Chief Financial Officer Conference Call Participants Anthony Lebiedzinski - Sidoti & Company, LLC Matthew Swope - Robert W.

News for Pitney Bowes Stock (PBI)