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Wednesday, January 31, 2018

Pitney Bowes (PBI) reported earnings on Wed 31 January 2018 (BMO)

** charts after earnings **




 






Pitney Bowes beats by $0.03, reports revs in-line; guides FY18 EPS in-line 
  • Reports Q4 (Dec) earnings of $0.40 per share, excluding non-recurring items, $0.03 better than the Capital IQ Consensus of $0.37; revenues rose 18.3% year/year to $1.05 bln vs the $1.04 bln two analyst estimate.
  • Co issues in-line guidancefor FY18, sees EPS of $1.40-1.55, excluding non-recurring items, vs. $1.42 Capital IQ Consensus Estimate; sees revenue, on a constant currency basis, to be in the range of 9 percent to 13 percent growth, when compared to 2017.

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