U.S. markets closed
  • S&P 500

    4,173.85
    +61.35 (+1.49%)
     
  • Dow 30

    34,382.13
    +360.68 (+1.06%)
     
  • Nasdaq

    13,429.98
    +304.99 (+2.32%)
     
  • Russell 2000

    2,224.63
    +53.68 (+2.47%)
     
  • Crude Oil

    65.51
    +1.69 (+2.65%)
     
  • Gold

    1,844.00
    +20.00 (+1.10%)
     
  • Silver

    27.50
    +0.46 (+1.69%)
     
  • EUR/USD

    1.2146
    +0.0062 (+0.51%)
     
  • 10-Yr Bond

    1.6350
    -0.0330 (-1.98%)
     
  • GBP/USD

    1.4102
    +0.0050 (+0.36%)
     
  • USD/JPY

    109.3470
    -0.0870 (-0.08%)
     
  • BTC-USD

    47,342.45
    -2,020.56 (-4.09%)
     
  • CMC Crypto 200

    1,398.33
    +39.77 (+2.93%)
     
  • FTSE 100

    7,043.61
    +80.28 (+1.15%)
     
  • Nikkei 225

    28,084.47
    +636.46 (+2.32%)
     

Recap: Pitney Bowes Q2 Earnings

  • Oops!
    Something went wrong.
    Please try again later.
Benzinga Insights
·1 min read
  • Oops!
    Something went wrong.
    Please try again later.

Shares of Pitney Bowes (NYSE:PBI) moved higher by 9% in pre-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share were down 80.95% over the past year to $0.04, which beat the estimate of ($0.01).

Revenue of $837,492,000 decreased by 2.71% from the same period last year, which beat the estimate of $705,820,000.

Outlook

Earnings guidance hasn't been issued by the company for now.

Pitney Bowes hasn't issued any revenue guidance for the time being.

Conference Call Details

Date: Jul 30, 2020

View more earnings on PBI

Time: 08:00 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/i8eqfb3i

Recent Stock Performance

Company's 52-week high was at $5.50

Company's 52-week low was at $1.67

Price action over last quarter: Up 20.56%

Company Description

Pitney Bowes is a global technology company that offers e-commerce solutions to its clients. The company provides various products and services such as domestic delivery, return and fulfillment, cross-border shipping solutions, sorting services for large volumes of postal mails, technological solutions to enable digital mailing, shipping, and other services. The company operates through three business segments: global e-commerce, presort services, and SendTech Solutions. The company generates roughly half of its revenue through the SendTech Solutions segment, and most of its revenue is earned in the United States.

See more from Benzinga

© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.