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India

Pitney Bowes Inc (PBI.N)

PBI.N on New York Stock Exchange

8.95USD
23 May 2018
Change (% chg)

$-0.29 (-3.14%)
Prev Close
$9.24
Open
$9.20
Day's High
$9.23
Day's Low
$8.94
Volume
554,352
Avg. Vol
582,529
52-wk High
$16.13
52-wk Low
$8.31

Latest Key Developments (Source: Significant Developments)

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​
Friday, 12 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

Pitney Bowes Q2 GAAP earnings per share $0.28
Tuesday, 2 Aug 2016 

Pitney Bowes Inc : Pitney Bowes announces second quarter 2016 financial results . Q2 gaap earnings per share $0.28 . Q2 adjusted earnings per share $0.39 . Q2 revenue $836 million versus I/B/E/S view $852.5 million . Q2 earnings per share view $0.39 -- Thomson Reuters I/B/E/S . Sees full year 2016 adjusted EPS to be in range of $1.75 to $1.82 . Fy2016 earnings per share view $1.78, revenue view $3.47 billion -- Thomson Reuters I/B/E/S . Sees full year 2016 revenue, on a constant currency basis, to be in range of 1 percent decline to 3 percent decline when compared to 2015 .Pitney Bowes Inc sees full year 2016 free cash flow to be in range of $400 million to $450 million.  Full Article

BRIEF-Pitney Bowes Reports Q1 Adjusted EPS $0.30

* PITNEY BOWES ANNOUNCES FIRST QUARTER 2018 FINANCIAL RESULTS