Pitney Bowes (NYSE:PBI) Posts Earnings Results, Beats Expectations By $0.16 EPS

Pitney Bowes (NYSE:PBI) announced its quarterly earnings data on Tuesday. The technology company reported $0.32 EPS for the quarter, beating analysts’ consensus estimates of $0.16 by $0.16, Zacks reports. Pitney Bowes had a negative net margin of 13.02% and a negative return on equity of 12.85%. Pitney Bowes updated its FY 2025 guidance to 1.100-1.300 EPS.

Pitney Bowes Trading Down 0.6 %

PBI opened at $8.77 on Wednesday. Pitney Bowes has a one year low of $3.73 and a one year high of $9.37. The business’s 50-day simple moving average is $7.78 and its 200-day simple moving average is $7.33.

Insider Buying and Selling

In other Pitney Bowes news, Director Paul J. Evans bought 29,000 shares of the business’s stock in a transaction dated Wednesday, November 20th. The shares were acquired at an average cost of $7.80 per share, with a total value of $226,200.00. Following the acquisition, the director now directly owns 29,000 shares of the company’s stock, valued at $226,200. The trade was a ∞ increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Deborah Pfeiffer sold 35,000 shares of the stock in a transaction on Monday, January 27th. The stock was sold at an average price of $9.02, for a total transaction of $315,700.00. Following the sale, the executive vice president now owns 124,124 shares of the company’s stock, valued at approximately $1,119,598.48. This represents a 22.00 % decrease in their position. The disclosure for this sale can be found here. 14.30% of the stock is owned by company insiders.

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.